Despite volatile markets and geopolitical uncertainties, analyst Peter Chung sticks to his bold Bitcoin forecast.
• Analyst believes in Bitcoin height flight
• According to expert, Bitcoin is “mainstream assets”
• Demand of institutional investors increases
Bitcoin remains in focus despite the current market fluctuations. According to Peter Chung, head of research at the quantitative trading company Presto, the youngest reset in cryptocurrency is not a reason to worry, but rather a healthy market adjustment with a long -term positive effect. In an interview with CNBC, Chung therefore confirmed his forecast: Bitcoin can achieve a price of $ 210,000 by the end of 2025.
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Institutions do the course
Chung attributes its optimism to two central factors: the increasing institutional adoption and the expansion of global liquidity. Although the market conditions had proven to be more difficult this year than expected – for example due to the tense geopolitical situation and monetary -political uncertainties – he consider the current price development in cryptocurrency as a stabilizing step, said the expert.
“In retrospect, I think that it was actually a healthy correction that paved the way for the further re-evaluation of Bitcoin as a mainstream assets,” said Chung to CNBC. According to him, Bitcoin shows a two -part behavior: in phases of economic stability, cryptocurrency behaves like a risky growth value, driven by network effects and user adoption. In times of crisis – such as the outbreak of the Ukraine War 2022 – Bitcoin is increasingly acting as a safe haven, similar to gold.
Institutional wave in progress
Other experts also share the assessment. Hunter Horsley, CEO of the asset manager Bitwise, recently emphasized that Bitcoin’s increase to $ 94,000 had hardly been driven by small investors at the end of April, but primarily by professional investors. The Google searches for “Bitcoin” are still low – a sign that the hype has not yet used private investors.
Bitcoin at $ 94k, Yet –
Google Searches for “Bitcoin” Near Long Term Lows.
This hasn’t been retail drives. Institutions, Advisors, Corporates, and Nations have come into the space.
The Types of Investors Buying Bitcoin is expanding. pic.twitter.com/gtdh5u0bm6
– Hunter Horsley (@Hhorsley) April 27, 2025
The demand is increasingly coming from financial advisors, companies and even states. According to BitcoinTreasuries.net, companies now keep BTC worth almost $ 65 billion in their balance sheets.
According to “CoinTelegraph”, analysts from Standard Chartered and the Intellectia Ai AI AI AI also seem to assume that the increasing demand from stock exchange-traded funds (ETFs) and security strategies against macroeconomic risks could more than doubled the Bitcoin course this year.
Ethereum also in the field of vision
In addition to Bitcoin, Ethereum also seems to be in focus. Chung confirmed that Presto continues to adhere to his evaluation model based on the ETH-BTC ratio. The ongoing technical improvements in the Ethereum network would underline the long-term attractiveness of ether as an investment.
Editor finance.net