On January 1st, COINOTAG News highlighted insights from Sid Powell, the Co-Founder and CEO of Maple Finance. In a recent interview with CNBC, Powell referenced Bitcoin’s potential trajectory, suggesting it could reach a range of $180,000 to $200,000 by the end of 2025. He drew parallels to historical trends observed with gold ETFs, noting that substantial inflows often follow initial listings. Powell emphasized that as Bitcoin and other cryptocurrencies solidify their status as essential assets for institutional investors, we can anticipate increased market activity in the forthcoming years. Another significant driver he identified is the expected acquisition of Bitcoin by the U.S. strategic reserve. Despite his optimistic outlook, Powell cautioned about the likelihood of market corrections, acknowledging the cyclical nature of the cryptocurrency sector. He believes that the severity of past declines—typically between 70% to 80%—will not be replicated in 2025 due to stronger support from institutional flows.
Source: https://en.coinotag.com/breakingnews/bitcoin-predicted-to-reach-200000-by-2025-amid-institutional-inflows-and-etf-anticipation/
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