• Satoshi Action Fund CEO predicts Bitcoin price to breach the $150,000 mark in 2025. 
  • Bitcoin year end price dip was due to large selloffs for tax purposes. 

Bitcoin started the new year with a slow recovery as its price witnessed around 2% rise in the last 24 hours. After plunging to around $91K price range by the end of 2024, it has now entered the $95K zone, reaffirming predictions behind the larger 2025 bull run. 

The after effect of the Bitcoin Halving event in 2024, combined with favorable market conditions such as US elections, Bitcoin price witnessed an unprecedented growth, particularly in December 2024. It eventually recorded the much-awaited $100,000 milestone and eventually reached an ATH of over $108,268 on Dec 17, 2024. 

Meanwhile, analysts and industry leaders are making predictions on Bitcoin reaching new all-time highs in the new year. The pro-crypto stance of US President Donald Trump and increasing global crypto adoption, along with rise of AI and crypto integration, RWAs, DePIN technologies are all leading to a positive market sentiment in 2025. 

Satoshi Action Fund CEO Predicts Bitcoin Price Could go Beyond $150,000 in 2025

A lot of bitcoin was being sold before the end of the year for tax purposes. The year has ended. It is now 2025. I predict between now and August we go on a run to $150,000 or higher.

— Dennis Porter (@Dennis_Porter_) January 1, 2025

Satoshi Action Fund CEO Dennis Porter recently posted on X, stating his prediction of Bitcoin price to reach $150,000 and beyond. While most of the long-term BTC holders sold the crypto for gains in December 2024, the year end tax benefits might also be another reason for a large sell-off. 

Keeping this section of investors in mind, the accumulation of BTC might increase in the new year. Dennis Porter predicts Bitcoin could go on a run to $150,000 or higher from January to August 2025. Meanwhile, several other industry leaders are also making some price predictions for Bitcoin to reach $200,000 in 2025. 

Bitcoin price could reach new all-time highs with large investments pouring in, increase in institutional adoption, and global countries exploring strategic Bitcoin reserves. 

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