Bitcoin price dips will be short-lived in 2025 due to strong institutional demand, according to analysts at Bitfinex. They predict Bitcoin's price could double by mid-2025, with estimates ranging from $145,000 to $200,000 under favorable conditions. Despite expected volatility in the first quarter, analysts believe Bitcoin’s broader trend will be upward, driven by continued institutional adoption and inflows into spot Bitcoin exchange-traded funds. Analysts foresee long-term potential growth, with some predicting a price as high as $900,000.
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00:00It's Benzinga bringing Wall Street to Main Street.
00:02Bitcoin's price dips will be short-lived in 2025 due to strong institutional demand,
00:07according to analysts at Bitfinex. They predict Bitcoin's price could double by mid-2025,
00:12with estimates ranging from $145,000 to $200,000 under favorable conditions.
00:18Despite expected volatility in the first quarter, analysts believe Bitcoin's broader trend will be
00:23upward, driven by continued institutional adoption and inflows into spot Bitcoin exchange-traded
00:29funds. Analysts foresee long-term potential growth, with some predicting a price as high as $900,000.