The prediction market platform Kalshi has predicted that the world’s largest cryptocurrency by market capital will surge to approximately $158,000 by 2025. This projection aligns with growing optimism about bitcoin’s (BTC) long-term potential.
Kalshi is a regulated exchange and prediction market where users can trade on the outcome of real-world events. With the recent surge in BTC, Kalshi noted that the odds of the crypto asset rising above $150,000 have climbed from 13% to 58% in the past 14 days.
“The odds of Bitcoin rising above $150,000 in 2025 have jumped from 13% to 58% in just 2 weeks,” the platform stated.
Can BTC Exceed $125,000 Next Year?
The prediction platform also stated an increasing 77% probability that the digital asset will exceed the $125,000 mark next year. Kalshi further added that bitcoin has more room to run.
Following Donald Trump’s victory as president of the United States, bitcoin climbed from a previous record of roughly $69,000 to an all-time high of over $99,600 within 14 days of the U.S. election. However, at the time of publication, the crypto asset is down 1.09% in the last 21 hours, changing hands at over $95,100.
While BTC struggles to recover from the recent pullback, American television personality, author, entertainer, and former hedge fund manager Jim Cramer called the crypto asset a “winner.”
Investors Predicting BTC Price
Several investors and entities have also predicted the price of BTC, fueling hope for the future of the leading cryptocurrency. Analysts from the famous investment research firm Bernstein predicted that BTC would surge to $200k before 2025 runs out. They stated that the leading crypto is firmly established among different individual and institutional investors across countries.
Similarly, Bitwise CIO Matt Hougan noted that the U.S. dollar does not need to collapse for BTC to break the $200,000 mark. He also stated that Bitcoin’s current market cap is about 8% of gold’s. Therefore, if it matures to reach the same capitalization as gold, it would trade around $400,000.