Bitcoin’s price is predicted to reach $160,000 in 2025, driven by favorable macroeconomic conditions and eased global monetary policies, according to Matrixport. On December 6, Bitcoin crossed the $100,000 mark for the first time. A recent rate cut by the European Central Bank from 3.25% to 3% was seen as a means to stimulate investment. Analysts suggest that this combined trend of global interest rate reductions could lead to increased investment in risk-on assets like Bitcoin, potentially initiating a seasonal price surge termed a 'Santa rally.' Furthermore, the People's Bank of China's first interest rate cut in 14 years is noted as a potential catalyst. The upcoming Federal Reserve monetary policy decision on December 18 is anticipated to significantly influence Bitcoin’s price trajectory into 2024, with high odds for another rate cut, which may bolster Bitcoin’s price by enhancing investor sentiment and encouraging liquidity. Kooner asserts that recent market deleveraging has paved the way for upcoming Bitcoin price increases, establishing an optimistic outlook for the cryptocurrency market.

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