Bitcoin could reach nearly $250,000 in 2025, driven by an expected influx of $520 billion of new capital, as per onchain analytics platform CryptoQuant. The firm suggests that the favorable US political and economic conditions could lead Bitcoin to hit at least $145,000 this year. Utilizing historical trends, CryptoQuant believes that the anticipated capital inflows are realistic. Various bullish predictions have emerged in the cryptocurrency community, with some even speculating Bitcoin could reach $1 million, attributed to projected high volatility in price movements. Filbfilb of DecenTrader mentioned that current bearish sentiments might be suppressing Bitcoin's performance, likening it to a beach ball submerged in water. Despite market uncertainties, the potential for a significant price rebound remains, as indicated by various analysts observing transformative market conditions for Bitcoin.

Source 🔗