Top Bulls Predict Bitcoin Could Surge to $130K—or Even $1.5M

Bitcoin could surge to $130K, according to revised forecasts from top crypto bulls, with some even projecting seven-figure valuations by the end of 2025. The wide-ranging predictions reflect growing confidence in Bitcoin’s long-term trajectory, despite persistent skepticism from critics.

Notable detractors such as Peter Schiff and Nouriel Roubini continue to warn of a potential collapse. However, Bitcoin’s strong performance this year, fueled by renewed institutional adoption, has challenged bearish narratives.

The cryptocurrency set a new all-time high of $111,970 on May 22 and has remained near that level. This has stoked investor hopes of a fresh rally.

Here’s a look at some of the boldest Bitcoin price predictions so far in 2025.

Adam Back Predicts Bitcoin Could Exceed $1M If U.S. Embraces Strategic Reserve

Blockstream CEO Adam Back believes Bitcoin could surpass $1 million during this market cycle—provided the United States fully commits to creating a Strategic Bitcoin Reserve. Back first made the prediction in November, and in March, the White House responded by introducing a formal initiative, though it still awaits Congressional approval.

Dubbed the Bitcoin Reserve Act, the proposal aims to treat Bitcoin as a digital reserve asset, similar to gold. The program would repurpose government-seized Bitcoin from criminal proceedings and hold it as part of a national strategic reserve.

Momentum is already building at the state level. On May 6, New Hampshire became the first U.S. state to pass a Bitcoin reserve law. By the end of the month, Texas advanced similar legislation, with support from Governor Greg Abbott, signaling growing institutional interest across state governments.

In a conversation with a renowned crypto journalist, Back offered a 2025 price projection in the “several hundred thousand” dollar range, attributing the potential rally to an expected resurgence in retail buying. He pointed specifically to the $16 billion in FTX-related repayments, which he believes will re-enter the crypto markets and reignite investor momentum.

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Analysts Align on $200K Bitcoin Target by End of 2025

A growing number of institutional analysts and industry veterans are converging on a bold prediction: Bitcoin could reach $200,000 by the end of 2025.

One of the most prominent voices is Geoff Kendrick, Standard Chartered’s Global Head of Digital Assets, who recently projected that Bitcoin may climb to $120,000 in the first half of 2025, before accelerating toward the $200K mark by year-end. His forecast, shared in an internal email obtained by a renowned crypto news reporter, cites the increasing adoption of stablecoins as a major catalyst.

“The U.S. Senate’s 66-32 vote to advance the GENIUS Act is significant,” Kendrick noted, referring to the pending Stablecoin Act. “This legislation could legitimize the entire digital asset space. All boats will rise.”

During a recent Chain Reaction X Spaces discussion, several analysts echoed Kendrick’s optimism. André Dragosch, Head of European Research at Bitwise, agreed with the $200K target, while analyst Markus Thielen pointed out that Bitcoin historically moves in $16,000 price intervals—placing its next technical resistance around $122,000.

Adding further weight to the forecast, Anthony Scaramucci, founder of SkyBridge Capital and former White House communications director, also predicted a $200,000 year-end price for Bitcoin in a recent media appearance.

As market conditions and regulatory developments continue to evolve, smart money appears increasingly aligned with Bitcoin’s long-term upside.

Mike Novogratz Predicts Bitcoin’s Next Rally Will Target $130K–$150K Range

Mike Novogratz, founder of Galaxy Digital and a former Goldman Sachs partner, remains a leading voice among institutional Bitcoin advocates. Known for his early bets on Bitcoin and Ethereum, Novogratz has been both a vocal supporter and a seasoned investor in the digital asset space. He also experienced setbacks, including his involvement in the now-defunct Terra stablecoin project.

Following Galaxy Digital’s recent public market debut, Novogratz appeared on CNBC to share his latest outlook on Bitcoin’s price trajectory. While his forecast is more conservative than others calling for six- or seven-figure highs, he envisions Bitcoin reaching the $130,000 to $150,000 range in the next major rally.

According to Novogratz, several key factors are aligning to support this price move, including rising institutional interest, a weakened U.S. dollar, and sustained global demand for digital assets.

“We had a euphoric peak around the inauguration,” Novogratz explained. “Now it looks like we’re about to break past the $106K to $108K level. If that happens, the next leg takes us into $130K to $150K. At that point, we enter true price discovery.”

Novogratz’s measured yet optimistic outlook adds to the growing consensus that Bitcoin’s current consolidation phase could soon give way to a significant upward move.

Cathie Wood Projects $1.5M Bitcoin by 2030, Citing Surging Institutional Demand

Cathie Wood, CEO and Chief Investment Officer at ARK Invest, has reaffirmed her bold $1.5 million Bitcoin price target by the year 2030. Her forecast, outlined in a February YouTube update, implies a 58% compound annual growth rate over the next five years—a projection rooted in mounting institutional interest and broader adoption of blockchain technology.

Wood, well-known for her high-conviction investments in disruptive sectors like Tesla and Bitcoin, views digital assets as a foundational layer of the evolving financial system. She also emphasized the growing role of stablecoins, which she believes are accelerating the rise of blockchain-based economies globally.

The ARK Invest chief’s optimistic forecast is one of the most ambitious among top market voices, but she’s not alone in predicting a seven-figure future for Bitcoin.

Robert Kiyosaki, author of Rich Dad Poor Dad, shared a similar vision with a longer horizon. In an April 18 post on X (formerly Twitter), Kiyosaki projected that Bitcoin could exceed $1 million by 2035, alongside bullish targets for gold at $30,000 and silver at $3,000 per ounce.

With both traditional investors and crypto pioneers backing long-term growth, Bitcoin continues to attract attention as a serious contender in the future of global finance.

Arthur Hayes Predicts $250K Bitcoin by Year-End If Fed Returns to Quantitative Easing

Arthur Hayes, co-founder of BitMEX, has issued one of the more aggressive Bitcoin price forecasts for 2025, suggesting the asset could hit $250,000 by the end of the year—if the U.S. Federal Reserve pivots back to quantitative easing (QE).

In an in-depth blog post published in April, Hayes argued that Bitcoin’s long-term price action is closely tied to expectations around monetary policy and fiat liquidity. According to his analysis, a reversal from quantitative tightening (QT) to renewed easing would act as a powerful catalyst for crypto markets.

“If my analysis of the Fed’s major pivot from QT to QE for treasuries is correct, then Bitcoin hit a local low of $76,500 last month, and now we begin the ascent to $250,000 by year-end,” Hayes wrote.

His prediction hinges on the idea that increased money supply, driven by looser central bank policy, will push investors toward scarce, decentralized assets like Bitcoin. With inflation concerns persisting and market volatility on the rise, such macroeconomic shifts could significantly impact crypto valuations in the coming months.