Source: The Economic Times
At 2:52 AM UTC on April 21, Bitcoin’s price was $87,216.59, up 3.77% over the last five days, $3,165.57. This rally is a new wave of renewed optimism for investors, driven by a perfect storm of technical patterns, macroeconomic indicators and geopolitical events that finally lifting risk-on assets like Bitcoin.
Market Context And Price Action
After hitting an all-time peak of close to $109,000 in January, Bitcoin has spent months correcting downwards to around $84,000 as of April 17. In the face of this downturn, the digital asset exhibited strength, regaining traction over the past few days. The analysts are calling this revival part of a broader trend of cautious optimism that could influence the remainder of 2025. The rebound in the price of Bitcoin also comes against expectations of massive liquidity injections from the U.S. Treasury — estimated at around $700 billion — to help stabilise financial markets. Such a move is anticipated to ease financial conditions, lower bond yields, and weaken the U.S. dollar, creating an environment highly conducive to the performance of long-duration assets like Bitcoin.
Market Analyst Predictions for 2025 and Beyond
Numerous market analysts have made bold predictions regarding the course of Bitcoin:
- According to a bullish pennant pattern, a spike in liquidity influx set the stage for a potential Bitcoin price projection of $137,000 by mid-2025, according to the popular crypto technical analyst Titan of Crypto.
- Bitcoin’s support above $72,000 suggests “potential” for a rally to $120,000–$150,000 sometime later this year, according to Benjamin Cowen.
- Rich Dad Poor Dad author Robert Kiyosaki is even more of a buy-and-hold bull — predicting that Bitcoin will reach $1 million by 2035, thanks to a collapsing U.S. debt and global economic instability.
Moderate optimism is echoed by prediction market Polymarket, placing a 61% probability that Bitcoin will go over $110,000 in 2025. But the odds decline for loftier goals, with just a 29% probability of hitting $150,000 and 14% for $200,000, Business Insider tweeted.
The Trump Effect and Crypto as a Safe Haven
Former US president Donald Trump said on April 10 that he would suspend reciprocal tariffs imposed on a range of countries that had not retaliated, lifting the cryptocurrency market. The surprise policy shift ignited a surge in digital assets: Bitcoin jumped 7.4% to $82,715, while XRP and Solana soared by over 11%. Ether, the second-largest cryptocurrency, also turned higher following Trump’s announcement.
This rise highlighted crypto‘s increasingly prominent position as a hedge in moments of financial and geopolitical turmoil. “Investors are increasingly waking up to Bitcoin’s underlying value proposition, particularly its allure as a hedge during times of global market turbulence,” Joel Kruger, market strategist for LMAX Group, said in an interview with Bloomberg.
Conclusion
Bitcoin’s stubborn resilience in the face of macroeconomic and geopolitical worry seems to lay down another marker in its nascent status as a more flexible safe haven. With liquidity expectations rising, institutional adoption spreading, and global economic pressures remaining in place, Bitcoin now finds itself with the wind at its back as it looks to build on its recent gains. Despite being cautious due to potential regulatory turns and market volatility, the overall outlook for 2025 is bullish, with most analysts anticipating that Bitcoin may test or exceed its former highs in the coming months.
