This week began with a hopeful rebound in the cryptocurrency market following a steep $19 billion plunge earlier in the month. Optimism was fueled by growing demand for digital assets amid potential easing of global trade tensions. Much of the crypto community’s attention was on the trade discussions between US President Donald Trump and China’s President Xi Jinping, aiming to sidestep new import tariffs that threatened economic stability.
However, despite a Federal Reserve rate cut of 25 basis points, Bitcoin exchange-traded funds (ETFs) experienced a massive $470 million withdrawal on Wednesday, dampening the market’s momentum. Adding to the uncertainty, Thursday’s tariff discussions concluded without any significant resolutions, leaving global and digital asset markets on edge.
In the midst of this volatility, Michael Saylor, co-founder of MicroStrategy — the company with the largest Bitcoin holdings — confidently projected that Bitcoin’s price would soar to $150,000 by the end of 2025. Speaking at the Money 20/20 conference in Las Vegas, Saylor highlighted the past 12 months as arguably the best in crypto’s history, citing positive regulatory developments such as the SEC’s acceptance of tokenized securities and endorsements of stablecoins from US Treasury officials.
“Our expectation right now is that by the end of the year, Bitcoin should reach about $150,000,” Saylor told CNBC, pointing out that this forecast aligns with consensus among equity analysts covering the Bitcoin industry. This bullish outlook stands firm despite the recent market downturn triggered by tariff tensions under the Trump administration.
As Bitcoin continues to navigate macroeconomic headwinds and regulatory shifts, Saylor’s optimistic prediction reinforces the long-term confidence many experts maintain in Bitcoin’s potential growth trajectory.