This week began with a hopeful rebound in the cryptocurrency market after a staggering $19 billion crash earlier in the month, fueled by growing demand as prospects of a resolution to U.S.-China tariff tensions emerged. Investor focus centered on the high-stakes meeting between U.S. President Donald Trump and China’s President Xi Jinping, aimed at securing a trade agreement and averting further import tariffs. However, optimism faded sharply midweek when Bitcoin exchange-traded funds (ETFs) experienced $470 million in outflows despite the Federal Reserve’s decision to cut interest rates by 25 basis points.
Concerns deepened after Thursday’s tariff discussions concluded without any major announcements, intensifying uncertainty in both global and digital asset markets.
Michael Saylor, co-founder of MicroStrategy—the largest Bitcoin treasury company by holdings—remains undeterred, forecasting Bitcoin to surge to $150,000 by the end of 2025. Speaking at the Money 20/20 conference in Las Vegas, Saylor hailed the past 12 months as possibly the best in the cryptocurrency industry’s history. He pointed to regulatory advances such as the U.S. Securities and Exchange Commission’s acceptance of tokenized securities, U.S. Treasury Secretary Scott Bessent’s endorsement of stablecoins to sustain dollar dominance, and an overall positive regulatory shift as key reasons for his bullish outlook.
“Our expectation right now is that by the end of the year, Bitcoin should be about $150,000,” Saylor told CNBC, adding that this aligns with the consensus among equity analysts covering both MicroStrategy and the broader Bitcoin market.
This bold prediction emerges amid subdued crypto prices following the market fallout ignited by President Trump’s announcement of 100% additional tariffs on China, which rattled investor confidence amid fears of macroeconomic instability.
Saylor’s forecast signals enduring confidence in Bitcoin’s long-term growth potential, suggesting that despite current geopolitical and economic headwinds, the cryptocurrency’s fundamentals and institutional adoption continue to strengthen.