Bitcoin (BTC) price could hit $250,000 by the end of 2025

Bitcoin’s next explosive move could send the asset to $250,000 by the end of 2025, according to Scott Melker, a crypto analyst and host of The Wolf of All Streets podcast.

Crypto analyst Scott Melker, host of The Wolf of All Streets podcast, says that Bitcoin’s next explosive move could send the asset to $250,000 by the end of 2025.

Speaking in a recent interview, Melker attributes the lack of volatility and growing interest from institutions as key factors that could drive the next leg up.

“250K this year, totally possible,” Melker said, adding that Bitcoin (BTC)’s volatility has decreased drastically in recent times.

“It used to be about three times as volatile as the S&P. Now it’s less than two times.”

Melker explained that pension funds and ETF issuers are now heavily involved in the crypto market, which is a sign of a more mature and stable market.

“The more institutional money, the more Wall Street money, the more long-term holders get involved, the less volatility there’s going to be,” Melker said.

The interview comes as crypto markets show signs of strength in 2025. Bitcoin has surged past $104,000, while Ether (ETH) has reclaimed levels above $2,600.

Coinbase’s addition to the S&P 500 also marks a major milestone for crypto’s integration into mainstream finance.

Melker noted that the company is not just entering the index but doing so in the top 50 by market cap, showing how deep some crypto firms have become.

In addition to Coinbase, firms like Galaxy Digital and eToro have moved forward with public listings, showing confidence in regulatory conditions under the current US administration.

Melker said that this environment, with dropped SEC lawsuits and positive executive orders, has created “an extremely bullish” backdrop for the sector.

While Bitcoin is the main focus, Melker acknowledged a renewed interest in altcoins. Recent price action saw Ethereum outpace Bitcoin, causing a rally in smaller-cap tokens—a sign, he said, that “new money” is coming into the space rather than just moving around within it.

Most experts are expecting the cycle highs to reach around $120,000-$150,000, but Melker said that crypto is known for its unexpected and wild surges.

“From the 2020 lows to the last bull market, Bitcoin went from $3,000 to $69,000. A 2.5x from here wouldn’t be a big deal.”

On May 16, X analytics account Apsk32 argued that Bitcoin has a “decent chance” of hitting $250,000 or more in 2025 as attention turns to gold copycat moves.

On April 28, Peter Chung, head of research at quantitative trading firm Presto, also repeated his prediction that Bitcoin will reach $210,000 by the end of 2025.

On April 22, analysts from Standard Chartered and Intellectia AI said institutional Bitcoin demand from exchange-traded funds and traders seeking to hedge against macroeconomic risk could cause Bitcoin’s price to more than double this year.