Bitwise Predicts Bitcoin to $200K in 2025
The cryptocurrency industry is about to end the first week of 2025 in a bullish outlook as most altcoins followed Bitcoin (BTC) price in a mild rebound. With Bitcoin price trading above $96.5k on Friday, January 3, during the early European session, more crypto traders have turned greedy in anticipation of a parabolic market rally in the near term.
Moreover, Bitcoin’s fear and greed index surged from 64 percent on January 1 to 74 percent at the time of this writing, signaling market greed. With Bitcoin dominance forming a lower high in the weekly time frame, more crypto traders are betting on a major altseason in the coming weeks.
Top Predictions by Bitwise Researchers
As the United States federal government prepares to change the crypto…