Bitcoin Price Prediction- When Will It Be Back to $100K?
Currently sitting at $98,094 (BTC/USD), Bitcoin (BTC) is slowly climbing back to its crucial $100K level, but how soon will it hit that marker?
Over the past 24 hours, Bitcoin has gained 0.25%, but the token is still struggling to hit $100K and regain its footing from where it was a week ago. Bitcoin should have no problem hitting $100K in the next few days, but it could be held back by the U.S. CPI report that releases Wednesday.
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Bitcoin hit a low of $91K just last week and then made a swift recovery up to $97K. As the price continue sot recover, the odds of Bitcoin hitting $200K by the end of the year are elevated, up to 12% from 11%, says Nick Forster of Derive.xyz.
Factors to Consider when Predicting Bitcoin’s Price Movement
There are a few key long-term and short-term factors that have to be taken into account when trying to assess where Bitcoin may move in the near future and then by the end of the year.
President Donald Trump’s policies concerning cryptocurrency and Bitcoin should elevate the token and allow it to move much higher throughout the year. That positive factor will be counterbalanced by some of the negative factors, but this could be the most significant factor this year.
The U.S. CPI report will be coming out this week and could drive Bitcoin down slightly, since that CPI report is expected to show sticky inflation and high consumer prices. Even if this report comes in within expectations, it will still be elevated and indicate a larger inflation problem that is not going away anytime soon.
The tariff war between China and the United States could drive down Bitcoin as well. While the trade war will not directly affect Bitcoin prices, the higher cost on some goods will leave less disposable income to invest in Bitcoin. There does not seem to be any indication that the trade war will stop anytime soon.
If Bitcoin can push above $100K and stay there for a few days, that would help drive it further upward. So far, that level has proved difficult to maintain in 2025. If that trend changes, though, and BTC can remain higher, that will restore some investor confidence in the coin and help push it to a higher support level.
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