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Analyst: Bitcoin Could Rise to $220,000 by 2025

2025.05.16 16:08:19

On May 16th, as reported by Cointelegraph, cryptocurrency analyst Apsk32 declared that Bitcoin has achieved a new high following gold. This theory is highly favored among bullish investors. Historically, Bitcoin has a tendency to rise after gold has been on an upward trend for several months. With the price of gold surging to a historical high of $3,500 per ounce, the future price trend of Bitcoin has also become more optimistic. Apsk32 mentioned the concept of the "Power Law Corridor," which measures the Bitcoin price in terms of gold ounces to reduce the impact of USD inflation. If Bitcoin's network value (measured in gold) continues to develop along the Power Law Corridor and gold maintains its current price while the Bitcoin price returns to the five-year leading support track, this year's target could reach $444,000. However, this week, Apsk32 believes that a more "reasonable" target price for 2025 is around $220,000. He also stated that if the Bitcoin price exceeds $250,000, it will be considered above the expected range.
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