The probability of Bitcoin reaching $125,000 by the middle of this year has increased from 41,9% to 44,4%, said Dr. Sean Dawson, head of research at options protocol Derive. The chances of BTC falling to $75 by June have fallen from 000% to 17,8%.
Meanwhile, co-founder BitMEX Arthur Hayes is more pessimistic, saying last month that there is potential Bitcoin could roll back to $70,000-$75,000, which he said could trigger a "mini-financial crisis."
The last time the flagship kriptovalyuta was trading at $75,000 in early November 2024, just three days after Donald Trump won the US presidential election, a moment that some experts believe is the reason for the rally that saw Bitcoin jumped to $100,000.
On January 20, before Donald Trump's inauguration, Bitcoin briefly reached a new all-time high of $109,000. However, since February 7, kriptovalyuta is trading below $100,000. At the time of writing, BTC was worth $96,750.
In December, asset manager VanEck forecast that the bull market would reach a “medium-term peak” in the first quarter of 2025, before posting new peaks by the end of the year. These should be around $180,000.
