Bitcoin Magazine: 2025 Bitcoin Outlook: Insights Backed By Metrics and Market Data
Bitcoin, the original cryptocurrency, was one of the standout winners of 2024. Bitcoin rose over 120%, beating the major market indices as well as assets like gold.
After rallying to over $108,000 in 2024, bitcoin then pulled back to the low $90,000 range. So far, this pullback looks like normal trading. The data for the bitcoin network points to further gains in the months ahead.
Looking at bitcoin’s realized price and its market cap, it’s likely that we’re nowhere near bitcoin’s four-year cycle peak. That suggests a further rally in 2025. Currently, levels are akin to the price in May 2017, about halfway through the 2016-2017 bull market in terms of price.
Looking at moving averages, the recent pullback has given bitcoin a breather from overbought conditions at the end of 2024. That allows the longer-term uptrend to prevail.
If the four-year bitcoin price cycle holds, there’s not only more upside, but potentially the biggest part of the upside. Each bitcoin cycle has a lower percentage gain relative to prior cycles. However, from what we know, it’s possible that bitcoin could roughly double to the $200,000 mark before hitting its 2025 peak.
The data shows that bitcoin’s move higher isn’t over yet. Investors can still position themselves for substantial returns in 2025.
To see the full data behind bitcoin’s likely move higher in 2025, click here.