Michael Saylor, co-founder of MicroStrategy, a leading Bitcoin treasury company, has forecasted that Bitcoin (BTC) will reach $150,000 by the end of 2025. Saylor expressed optimism about the current state of the cryptocurrency industry, noting that the past twelve months have been exceptionally positive for the sector.
Speaking at the Money 20/20 conference in Las Vegas, Saylor cited several key developments contributing to his bullish outlook. These include the Securities and Exchange Commission's (SEC) increasing acceptance of tokenized securities, US Treasury Secretary Scott Bessent's endorsement of stablecoins as a means to protect dollar dominance, and a general positive shift in regulatory sentiment within the United States.
"Our expectation right now is that by the end of the year, it should be about $150,000, and that's the consensus of the equity analysts who cover our company and the Bitcoin industry."
This prediction comes at a time when cryptocurrency asset prices have experienced a downturn. The market volatility was notably exacerbated by US President Donald Trump's announcement of 100% additional tariffs on China, which fueled investor concerns about macroeconomic instability.
Market Turnaround Fueled by Trade News and Investor Confidence
Analysts from The Kobeissi Letter have attributed the market crash in October to short-term technical factors, asserting that the long-term trend for higher crypto prices remains intact. They expressed confidence in the eventual reaching of a US-China trade deal.
In the subsequent weeks, officials from both the US and China adopted a more conciliatory tone in their rhetoric, indicating a de-escalation of trade tensions and a readiness to engage in negotiations for a deal.
President Trump later confirmed his intention to meet with China's President Xi Jinping during the Asia-Pacific Economic Cooperation (APEC) summit, which was scheduled to take place in Seoul, South Korea.
US Treasury Secretary Scott Bessent announced on a Sunday that a "substantial" trade deal framework had been reached between the US and China. This announcement was met with positive reception from analysts, investors, and leaders within the crypto industry.
Investor and analyst Anthony Pompliano commented on the potential market reaction, suggesting that asset prices could surge significantly if a US-China trade deal were announced concurrently with an interest rate cut by the Federal Reserve.