Several key drivers will influence Bitcoin's price trajectory

Sustained inflows into spot Bitcoin ETFs will continue to provide foundational demand

Several key drivers will influence Bitcoin’s price trajectory through the remainder of 2025 and into the next cycle.

Sustained inflows into spot Bitcoin ETFs will continue to provide foundational demand, especially as retirement funds, endowments, and pension managers seek exposure to digital assets through regulated products. Any positive regulatory announcements, especially in jurisdictions like the United States and the European Union, could further catalyze Bitcoin’s upward movement.

Conversely, any pessimistic pronouncements or, worse, swift and restrictive policy changes could stall the rally and introduce volatility.

On the technical front, increased adoption of Bitcoin’s Layer 2 solutions, such as the Lightning Network, and its growing role in cross-border transactions, could improve its utility and perception as a digital store of value, ultimately impacting price trends.

Finally, macroeconomic conditions will play a crucial role. Should inflation concerns resurface or fiat currencies face devaluation, Bitcoin could serve as a hedge and attract further capital inflows. However, if interest rates rise sharply or the economy deteriorates unexpectedly, Bitcoin’s price could come under pressure.

Overall, while predictions for year-end 2025 vary widely, conservative estimates place BTC near the US$105,000 range by December 2025.

More bullish models suggest a peak between US$130,000 to US$150,000, especially if economic uncertainties or a liquidity-driven bull cycle emerge.