Metric signals $250K Bitcoin is ‘best case,’ SOL, HYPE tipped for gains: Trade Secrets
The post Metric signals $250K Bitcoin is ‘best case,’ SOL, HYPE tipped for gains: Trade Secrets appeared on BitcoinEthereumNews.com.
Welcome to Trade Secrets. This month, we’re talking to top crypto analysts about where Bitcoin and other major cryptocurrencies are going in the year ahead. The Bulls Bag Check: Bitcoin, Solana, Hyperliquid Bitcoin’s best case is $250,000 in 2025: Charles Edwards Bitcoin reclaimed the $100,000 price level on May 8 for the first time in over three months, so where is it headed by the end of the year? According to Capriole Investments founder Charles Edwards, Bitcoin reaching $250,000 is the “best case” for 2025. Edwards bases his forecast on a metric called the Bitcoin Energy Value, which is a model that prices Bitcoin based on the energy used to mine it. “It can be very accurately tracked by using the known hashrates and the hardware efficiency of Bitcoin mining rigs,” Edwards tells Magazine. Edwards explains that the metric has tracked Bitcoin’s fair value since its inception, and its price “has always mean-reverted to it.” Edwards notes that Energy Value is currently at $130,000, but in previous cycles, momentum “and mania” drove Bitcoin’s price up to six times EV in 2017 and three times EV in 2021. “So, given the market is much bigger now and more efficient, I think the best case for 2025 would be 2x EV, or around $250,000,” he explains. Edwards says that would also require no more surprise tariff scares from US President Donald Trump and for the Federal Reserve’s policies being “pro-risk assets and pro-liquidity into the back end of the year.” “I think we are starting to see some Bitcoin treasury flywheel effects play out already, which could go exponential as companies seek to replicate the (Micro)Strategy playbook,” Edwards says. (Dennis Porter) Edwards isn’t the only one eyeing that $250,000 Bitcoin target for 2025. In April, BitMEX co-founder Arthur Hayes predicted Bitcoin could…
Filed under: News - @ May 14, 2025 8:21 am