the price of Bitcoin will reach 150 thousand dollars

• The price of bitcoin can be up to $150,000 according to Michaël van de Poppe.
• The spot Bitcoin ETF market remains strong despite cautious bets from institutional investors.

Michaël van de Poppe, a popular analyst in the crypto space, made a bold prediction for Bitcoin (BTC). The analyst has predicted that the price of Bitcoin will reach a new all-time high, rising by approximately 60% by 2025.

Michaël van de Poppe Bitcoin Forecast

In a recent YouTube video, the analyst predicted that Bitcoin will reach $150,000 in 2025. The analyst also noted that Bitcoin had an incredible performance in 2024, with the price crossing the $100,000 threshold.

He noted that Bitcoin recorded its first high in 2024 in January following the launch of spot Bitcoin ETFs. Then the price of the coin rose to as much as 73,000 dollars. The analyst claims that the Bitcoin wave in 2024 will extend into the coming year.

Van de Poppe states that macroeconomic triggers will help fuel Bitcoin’s rise. He pointed out that the global money supply is gradually increasing, while the US money supply is lagging behind.

Van de Poppe claims that the US will experience more economic challenges in 2025. He predicts a weakening of the labor market and an increase in the possibility of a recession. The analyst believes that these combined scenarios will cause the US money supply to expand rapidly, leading to Bitcoin momentum.

However, Van de Poppe pointed out that Bitcoin will not reach the top of the cycle smoothly. “I think the cycles are going to get longer and they’re more based on macro perspectives rather than a four-year cycle with the whole thing,” Van de Poppe said.

He added that Bitcoin will remain in the $150,000 zone until the market expands in 2026. The crypto analyst expects a correction of around 30% to occur at the end of the first quarter of 2025.

As of this writing, BTC price was trading at 95,605 dollarswhich is up by 3.8% in the last 24 hours. Daily trading volume also shows increased investor interest. This metric rose 17.8% to $54.8 billion, the highest value in the market at the time of writing.

Other price predictions and the Bitcoin ETF market

Among many others, Van de Poppe predicted a bullish 2025 outlook for Bitcoin. CNF mentioned earlier update that crypto asset management company Bitwise predicted that Bitcoin would reach $200,000.

The prediction also includes a target of $500,000 BTC if the US follows Senator Cynthia Lummis’ proposal to build a strategic Bitcoin reserve.

While the price of bitcoin appears to be recovering, the market for spot exchange-traded funds (ETFs) remains subdued. According to Farside Investors dataspot Bitcoin ETFs saw outflows reaching $415.1 million on December 30. Fidelity’s FBTC recorded the largest outflows, amounting to $154.6 million, followed by Grayscale’s GBTC with $134.5 million.

BlackRock’s IBIT also saw outflows reaching $36.5 million. IBIT hits new milestone despite outflows, holding $52.4 billion in Bitcoin, according to CNF report