Bitfinex analysts predict that BTC prices will climb as high as $200,000 by mid-2025, according to a report published on Dec. 10. Bitcoin’s price will be at least $145,000 by mid-year in the current cycle and, under favorable conditions, could rise to $200,000. They argue that Bitcoin could enter a strong bullish phase, especially as we have moved into price discovery post-halving. Following the 2021 cycle pattern, where Bitcoin rose 40% above its moving averages, the peak price would reach around $339,000, according to the report. But, “given the trend of diminishing returns observed in recent cycles,” Bitcoinʼs might rise “only 1520 percent above the moving averages, placing the peak in the range of $160,000 to $200,000 by mid-2025.” To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io