Bitcoin price predictions are back on the agenda.
Leading financial institutions, investment funds, and well-known cryptocurrency investors have offered a wide range of estimates for the levels Bitcoin could reach this year.
While estimates start at $122,000 and go up to $700,000, the common expectation is that institutional interest and macroeconomic developments will support the price upwards.
BlackRock CEO Larry Fink suggests that if institutional investors allocate 2–5% of their portfolios to Bitcoin, the price could reach $700,000.
Chamath Palihapitiya sees Bitcoin as a “monetary escape valve” and predicts a target of $500,000 in this regard.
Fundstrat’s Tom Lee and Anthony Pompliano similarly call for $250,000, citing “ample liquidity” and “demand shock,” respectively.
Standard Chartered and HC Wainwright are more cautiously optimistic with targets of $200,000 and $225,000 respectively.
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21st Capital co-founder Sina G. gives a wide price range of $135,000–$285,000 and bases this estimate on quantile modeling.
VanEck says Bitcoin could rise to $180,000, followed by a pullback. This estimate is shaped by institutional investment plans.
10x Research offers a more conservative estimate of $122,000 based on technical indicators.
According to GFO-X Survey data, the average expectation of market participants is at $150,000.
*This is not investment advice.