- Traders expect significant price moves for Bitcoin by the end of 2025 despite recent market stability.
- Bitcoin is trading slightly above $105,300, with Ethereum at $2,618, and other major cryptocurrencies showing modest gains.
- Prediction market data shows most bets target Bitcoin ending 2025 at $120,000, with strong trading volumes in that price range.
- Less money is being wagered on extreme outcomes, such as Bitcoin reaching $1 million or falling to $20,000 by year’s end.
- Notable industry figures like Michael Saylor and Jack Dorsey remain bullish on Bitcoin’s long-term growth, with Dorsey’s company investing regularly in Bitcoin.
The cryptocurrency market remains relatively calm, but investors are preparing for potential jumps in Bitcoin’s value before the end of 2025. Currently, Bitcoin is priced just above $105,300, and Ethereum is holding steady above $2,618. Major alternative coins, or “altcoins,” have seen small increases, with Solana up 4.2%, Dogecoin up 2.1%, Shiba Inu up 2.5%, XRP up 2.9%, BNB up 1.5%, and Cardano rising 2.6%.
Recently, Bitcoin saw a double-digit percentage increase, but traders remain cautious about its ability to maintain levels near $100,000. Many investors are looking ahead for a possible breakout. According to blockchain-based prediction platform Polymarket, most bets are being placed in the $120,000 price range for Bitcoin to close out 2025.
Polymarket data, as of early June, shows that bettors have wagered more than $1.1 million on Bitcoin ending 2025 at exactly $120,000, representing a 73% chance based on current odds. The $130,000 target price has attracted $1.14 million in bets, with a 61% implied likelihood. The $150,000 mark, which is much higher than current prices, has $1.6 million in wagers and a 37% chance.
Bets for more dramatic shifts, such as Bitcoin finishing above $1 million or dropping to $20,000, are attracting far less attention. Less than $900,000 has been placed on the chance of Bitcoin reaching $1 million by year-end—a probability of only 3%. Meanwhile, a plunge to $20,000 attracts just 4% odds, with about $280,000 wagered.
Despite the active trading, Polymarket participants are making more moderate predictions compared to the bold projections of Bitcoin supporters. Michael Saylor, executive chairman of MicroStrategy, has stated that Bitcoin could reach $13 million within 21 years, citing its fixed supply of 21 million coins and potential for wider capital adoption. Jack Dorsey, former Twitter head and current CEO of Block, also expects strong growth. In an interview with Pirate Wires, Dorsey predicted Bitcoin’s total value would surpass $20 trillion, with the price crossing $1 million by 2030. He said, “At least a $1 million. I do think it hits that number and goes beyond.”
Block continues to support this optimistic outlook through company actions. According to its official post, Block invests 10% of its gross profit from Bitcoin-related products into Bitcoin each month. The company is also working on both a hardware wallet and a complete Bitcoin mining system.
Industry leaders see the possibility of digital currency becoming mainstream, with Dorsey stating, “The internet will have a native currency. It’s just a matter of time.”
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