Analyst: Bitcoin price may reach $220,000 by 2025

2025-05-16 16:11:43

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ChainCatcher news, according to Cointelegraph, crypto analyst Apsk32 stated that Bitcoin following gold to reach new highs is a popular theory among bullish investors. Historically, Bitcoin tends to follow gold's rise a few months after gold increases. With gold prices hitting a historic high of $3500 per ounce, the future price trajectory of Bitcoin also looks more promising.

Apsk32 mentioned the concept of the "momentum curve," which measures Bitcoin's price in ounces of gold to avoid the impact of dollar inflation. If Bitcoin's network value (measured in gold) continues to evolve along the momentum curve, and gold maintains its current price, while Bitcoin's price returns to the leading support track of five years, we could see a target of $444,000 this year. However, this week, Apsk32 believes a more "reasonable" target price for 2025 might be around $220,000. He also stated that if Bitcoin's price breaks through $250,000, it would be considered beyond the expected range.

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