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Bitcoin could reach an $ 210,000 historical maximum by the end of this year, says a new series of forecasts by an important quantitative commercial company. The head of the research soon, Peter Chung, made this wide forecast in an interview with the CNBC on April 28th.
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Institutional money and global liquidity guide up ballows prospects
The objective of the upward price is based on the increase in the purchase of Bitcoin of large institutions and on the increase in the global cash flow. Chung believes that both these factors will send the price of Bitcoin more than ever.
Bitcoin experienced some difficult moments, but the corrections were necessary for traditional acceptance, explained Chung in the interview. He defined Bitcoin a two -sided coin: it is an “at risk” asset during safe markets, but becomes “digital gold” under financial stress.
Bitcoin’s response to economic stress tests
As noted by Chung, the story revealed how Bitcoin reacts during periods of crisis. The Russia-Ukraine war in 2022, the collapse of the Silicon Valley Bank in 2023, and the recent voltage of the market has all tested Bitcoin’s position as a risky investment or a safe refuge.
Although Bitcoin has no rocket like gold in recent market stress, Chung expects it to “reach” and surrender by the end of the year. These responses to global crises are rare but interesting to be revealed on the evolution role of bitcoin in the financial system.
The MVRV ratio aims at $ 210,000 target
The forecast of $ 210,000 is not a wild hypothesis. Chung discussed this goal for the first time last January, using a particular metric known as a value relationship for the value made (MVRV). The latter compares the current market value of Bitcoin with the average price of the coins that have moved.
He soon estimated the value made by Bitcoin for 2025 and used a 3.5x historical multiple to get to their goal. Financial analysts tend to use this report to identify market details and possible turning points.
In the meantime, analysts attribute a growing activity by “whales” – great cryptocurrency owners – as an indicator of high confidence in the market. Such large investors continue to buy bitcoins even at the existing prices. They believe that if this rhythm continues, BTC could go even higher than the current projection, reaching from $ 300,000 to $ 500,000.
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Other experts provide similar or higher prices
Obviously, it is not only soon that Bitcoin can really go up to the six -digit sign. Robert Kiyosaki, the famous author of the book “Rich Dad Poor Dad”, also provides that the cryptovitta can reach $ 180,000 to $ 200,000 in 2025.
Looking at a few more years, Kiyosaki has provided that Bitcoin will reach the magical number of $ 1 million in 2035.
Although these predictions indicate a profound optimism in cryptocurrency markets, it must be remembered that in the end, cryptocurrency prices are still in extremely volatile conditions, regardless of how significant analysis and tendencies would be.
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