HC Wainwright Raises Target to $225K For 2025
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HC Wainwright & Co. has raised its year-end Bitcoin price target for 2025 to $225,000 from its previous estimate of $145,000. This significant revision reflects optimism surrounding the crypto market, supported by factors like regulatory clarity in the U.S., anticipated approval of spot Bitcoin ETFs, and growing institutional adoption. Bitcoin Price Prediction By HC Wainwright In their report, Wainwright analysts noted that the updated target implies a total crypto market cap of $10 trillion by the end of 2025, based on Bitcoin dominance falling to 45% from the current 56%. They explained, “Our new price target for 2025 reflects 113% upside to current levels. However, we caution investors that 20-30% drawdowns during bull market cycles are not uncommon.” The firm also emphasized the potential for BTC price fluctuations. It stated, “We estimate BTC could retrace back down to the mid-$70,000 range in early 1Q25 before resuming its uptrend.” Despite these anticipated corrections, the report highlights strong historical correlations between Bitcoin’s price action and global liquidity trends. Wainwright Raises 2025 Bitcoin Price Target to $225k from $140k, Which, If Historical Bitcoin Dominance Trends Repeat, Implies $10 Trillion in Total Crypto Market Cap by Year End pic.twitter.com/E5KsWQprG4 — matthew sigel, recovering CFA (@matthew_sigel) January 2, 2025 One of the key factors driving this bullish outlook is the possible implementation of Bitcoin as a treasury reserve asset by the U.S. government. While this scenario is not factored into the current price target, analysts said it could “significantly exceed our base case price target.” Additionally, they noted, “Our BTC mining financial models currently assume much more conservative forecasts for BTC prices in 2025 ($115,000 by 4Q25).” Wainwright also addressed broader market trends, predicting a rise in the total crypto market cap from $3.6 trillion today to $10 trillion by 2025. They explained, “Bitcoin’s share…
Filed under: News - @ January 2, 2025 9:17 pm