Bitfinex: Bitcoin could reach $ 200,000 at light price corrections by mid-2025

• The analysts of Bitfinex assume that Bitcoin could reach a value between 140,000 and $ 200,000 by mid-2025
• "persistent buying pressure" for ETFs will mean that the future Bitcoin price correction "of shorter duration" becomes
• If Bitcoin follows the cycle 2021, he has the potential to achieve $ 339,000

According to a new report by Bitfinex analysts, Bitcoin could increase to $ 200,000 under "favorable conditions".

In his Bitfinex alpha-report in the study published on December 16 It is clear that Bitcoin reached unprecedented milestones in 2024, exceeded a market capitalization of $ 2 trillion and achieved a new all-time high of over $ 100,000.

The analysts added that Bitcoin funds (ETFs) have developed into a dominant force, whereby the US Spot ETF inflows reached 35.5 billion US dollars.

"With a view to the future, we believe that the current increase to over $ 100,000 has recorded a significant part of Bitcoin's price increase in this cycle," the analysts wrote. "Our minimum price destination for Bitcoin stays with $ 140,000 to $ 200,000 in mid-2025."

upward trend after halving

With a view to 2025, the analysts assume that any corrections "will remain mild thanks to institutional tributaries". They also point out that 2024 was a year of the Bitcoin half of the Bitcoin and "historically the following year after the halving was bullish".

"In previous cycles when Bitcoin entered the pricing after halving, the corrections before returning to new ATHs were relatively limited," the analysts wrote. "In the 2017 cycle, the maximum correction was 33.2 percent, while a slightly lower correction of 27.1 percent was recorded in the 2020 cycle."

According to Bitfinex, the corrections of the assets in the current bull cycle from Bitcoin, which began in mid to late 2023, have been less failed since the introduction of Bitcoin ETFs in January. Analysts assume that future corrections will be "limited and possibly shorter" in the event of "persistent purchase pressure".

Bitcoin at $ 339,000?

Bitfinex predicts that the Bitcoin price could reach its maximum at $ 339,000 if it follows the pattern of the 2021 cycle; However, if it follows the 2017 cycle with falling returns, Bitcoin could achieve a value of around $ 290,000 by 2026.

According to the data from CoinmarketCap, Bitcoin is traded below $ 104,000 at the time of publication. Yesterday the crypto-asset reached a new all-time high of over $ 108,000.

The market mood has increased since the elected President Donald Trump won the US elections in November. Since then, Trump has appointed several Pro crypto candidates in January in the run-up to his government.

At the beginning of this month, Trump appointed the crypto supporter Paul Atkins as the next chairman of the US Stock Exchange Supervisory Authority Securities and Exchange Commission (SEC). He takes over the successor of the current chairman Gary Gensler, who will resign on January 20th.

Trump also put Tesla boss Elon Musk and the entrepreneur Vivek Ramaswamy at the top of the Department of Government Efficiency (Doge) to "reduce the government bureaucracy". In the meantime, David Sacks will be the senior political consultant for artificial intelligence and crypto.