As Bitcoin continues to recover from a significant decline, its price remains just below the $90,000 mark, struggling to break through the $88,000 resistance level as the first quarter of 2025 draws to a close.
Despite this, the cryptocurrency market is still anticipating a potential rally in the coming months.
Nigel Green, the CEO of deVere Group, a prominent global financial consultancy, has projected that Bitcoin could surge to $150,000 by the end of this year. He believes that this growth will be driven in part by the supportive stance that U.S. President Donald Trump has taken toward cryptocurrencies.
Green explained that Trump’s tariff policies could create economic uncertainty, prompting investors to seek out safer assets like Bitcoin. He suggests that many investors may turn to BTC as a digital equivalent of gold, seeing it as a safe-haven asset in times of global instability.
In Green’s view, Bitcoin’s potential to thrive is linked to both the broader macroeconomic landscape and Trump’s crypto-friendly policies.
He believes that, as gold traditionally benefits during uncertain times, Bitcoin could similarly attract investors looking for alternatives, driving its value up significantly in the process.
Tokyo-based Metaplanet has continued its aggressive Bitcoin strategy, now holding over $400 million in BTC following its latest acquisition.
Bitcoin has staged a strong comeback, briefly pushing beyond $87,000 for the first time in weeks as liquidity conditions improve globally and institutional players show signs of renewed appetite, even while concerns around U.S. trade tensions keep broader markets on edge.
Bitcoin has marked one year since its latest halving event, and long-term holders have reason to celebrate.
A supermarket in Zug, Switzerland, has begun accepting Bitcoin payments, adding to the country’s expanding list of crypto-friendly retailers.