- Historical volatility shows Bitcoin consistently recovers and thrives after corrections.
- BlackRock, Fidelity, UAE, and Wisconsin are strategically investing large amounts in Bitcoin.
- An expert predicts a correction to mid-$70,000 and then a rise to $180,000s.
As the crypto market heads into 2025, Bitcoin’s price draws attention with forecasts pointing to brief volatility and longer-term gains. Early March brought a strong rebound from Bitcoin’s worst month since 2022, helped by former President Donald Trump’s unexpected Sunday announcement about a U.S. crypto reserve.
The news drove Bitcoin up by over 20%, topping $95,000 for a brief period, reversing the downtrend that had wiped out many tokens’ election-related gains, the market is now Trump’s upcoming White House Crypto Summit on Friday also supports the bullish viewpoint among traders and analysts.
Related: Analyst: Current Crypto Market Correction is Within Historical Norms
Industry veterans, including Anthony Scaramucci—founder of SkyBridge Capital and former White House Communications Director—predict a massive rally ahead.
In a conversation with Bitcoin Magazine, the expert said that Bitcoin will likely dip into the mid $70,000s before ending the year in the mid $180,000s. Why this optimism? According to Scaramucci, Bitcoin has a long history of dramatic fluctuations—yet it consistently recovers and thrives.
Why BTC Dipped Under $80K
Scaramucci said that when Donald Trump took office, Bitcoin was around $68,000 to $69,000. While the rise to $78,000 within a few months seemed like a good move, the jump to $108,000 was an overshoot. He believed Bitcoin would settle in the mid-$70,000s before the march to $180,000 were to start.
Related: Sunday Crypto Overhaul: Eric Trump’s Tweet Sparks Market Momentum
Bitcoin often pushes out short-term holders before resuming its climb. Major firms like BlackRock and Fidelity have recommended their clients place strategic bets on Bitcoin. Meanwhile, large players such as the UAE and the state of Wisconsin have put hundreds of millions into BTC. As adoption expands, many expect Bitcoin’s price to surge further.
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