Bitcoin (BTC), the world’s largest cryptocurrency, witnessed major growth throughout 2024. The king coin went on to register multiple peaks during this period. To be precise, BTC surged by 110% over the past 12 months. But the thing that stands out the most for the market is the asset’s ascent above the coveted $100,000 mark. This is a major milestone not only for Bitcoin but the industry as a whole. Following its 2024 run, the community is expecting the king coin to register a bigger growth in 2025.
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Most Favorable Month For Bitcoin In 2025
The community has high expectations for Bitcoin during this year. The predictions range from $200,000 to $250,000 for the king coin. But the real question is whether BTC will live up to these anticipations. According to data from CoinCodex, the asset is all set to record a rise. An average yearly price of $148,248 is predicted for Bitcoin in 2025, with a trading channel value between $96,532 and $177,384. Compared to the present rates, this may yield a potential return on investment of 84.96%.
As seen in the above image, the market will have to wait for some time before BTC reaches a high of $177,384. The king coin will reportedly record this peak in the month of August 2025.
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Current Market Scenario
Despite its latest uptick Bitcoin continues to remain below the $100,000 mark. At press time, BTC was trading at $95,562.49. This comes after a 2.34% rise over the past 24 hours.
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It should be noted that Bitcoin surged to an all-time high of $108,268.45 during December. The king coin is currently trading 11% below this peak. The latest setback is momentary as BTC is expected to set new records every month. As a result, the community can expect a bullish year ahead.