From Cointelegraph
April 28, 2025 9:10 AM:

Peter Chung from Presto predicts Bitcoin will reach $210,000 by 2025 due to institutional adoption and global liquidity expansion. Despite challenging market conditions in 2022, he sees recent corrections as a positive, laying a stronger foundation for Bitcoin as a mainstream financial asset. Chung also discusses Bitcoin’s dual role as both a “risk-on asset” and “digital gold.” He believes BTC could potentially outperform traditional safe-haven assets by year’s end.

Bitwise CEO Hunter Horsley notes Bitcoin’s surge to $94,000 has been driven by institutional investors, financial advisers, corporations, and nation-states, with minimal retail participation. Corporate Bitcoin treasuries already hold nearly $65 billion worth of BTC. Analysts predict institutional demand could cause Bitcoin’s price to more than double this year, with exchange-traded funds and traders hedging against macroeconomic risk playing a significant role in the market.

Read more at cointelegraph.com: Bitcoin could hit $210K in 2025, says Presto research head