Bitcoin could surge to $150,000 by the end of 2025, fueled by increased institutional adoption and support from US President-elect Donald Trump, according to a report by Khaleej Times, citing forex industry executives.

While the outlook remains optimistic, some analysts caution that Bitcoin must sustain a position above $100,000 for several months to establish it as a solid support level. The cryptocurrency recently crossed the $100,000 threshold, only to fall back below it, but its price has rebounded following Trump’s launch of his own cryptocurrency and his plans to issue an executive order prioritizing crypto at the national level.

“Cryptocurrency is experiencing significant adoption among both institutional and retail investors as a hedge against inflation and other financial risks, similar to gold,” said Konstantinos Chrysikos, director of customer relations at Kudo Trade. He believes that Trump’s return to power could be a key factor driving the crypto market’s growth, with many investors shifting from Bitcoin to other digital assets like Ethereum.

Chrysikos expects Bitcoin to stabilize between $110,000 and $120,000 before potentially reaching $150,000 by the end of 2025. He described this as a “conservative outlook,” given the unpredictable nature of the cryptocurrency space.

Farah Mourad, senior market analyst at Equiti Group, also highlighted the positive impact of Trump’s pro-crypto stance, alongside the growing use of cryptocurrencies in international transactions, especially between China and other nations. While she does not foresee a significant correction, Mourad suggests that Bitcoin could find support around previous highs of $72,000 to $75,000 if a pullback were to occur. She emphasized that Bitcoin’s momentum could be bolstered by a weaker dollar and other economic factors, and advised diversifying investments into Ethereum and Ripple for a balanced strategy.

Wael Makarem, another expert, linked the recent increase in cryptocurrency prices to a “decrease in active supply,” warning against overly optimistic expectations. He noted that while Trump’s return to office could impact the market, tensions with global counterparts like the EU and China could introduce instability. Makarem identified $120,000 as a more realistic target for Bitcoin, explaining that price movements can become exponential when supply decreases rapidly.