On-chain analytics firm CryptoQuant is forecasting a significant Bitcoin rally, potentially pushing its price to an unprecedented $200,000 by the end of 2025. This optimistic outlook is grounded in a confluence of robust demand metrics and favorable market indicators, suggesting Bitcoin is entering a strong bull phase.
Surging Demand and Strategic Accumulation
CryptoQuant highlights a sharp increase in spot demand for Bitcoin, with net inflows averaging over 62,000 BTC per month since midsummer. This sustained buying pressure has historically been a precursor to strong fourth-quarter surges in previous cycles. Further reinforcing this trend, large Bitcoin holders, known as whales, are accumulating coins at an accelerated annualized pace of 331,000 BTC. Additionally, U.S.-listed Bitcoin Exchange-Traded Funds (ETFs), which significantly contributed to demand in Q4 2024, are anticipated to maintain a similar high level of intake this year.
Bullish Market Indicators and Expert Consensus
The market's breach of the "realized price" for traders, approximately $116,000, is a pivotal signal, indicating a definitive return to a bull phase and opening the door for prices to climb into the $160,000 to $200,000 range. CryptoQuant's internal "bull score index" further supports this optimism, having reached levels typically observed before major rallies, bolstered by expanding stablecoin liquidity and reduced selling pressure from unrealized profits. This bullish sentiment is not isolated, as prominent firms like Standard Chartered, 21Shares, and Bitwise also independently project Bitcoin reaching $200,000 before year-end, with Standard Chartered even foreseeing a potential $500,000 by 2028.
