Bitcoin’s Bull Run Enters Seventh Inning with Potential to Reach $125,000: Expert Predicts
As Bitcoin’s (BTC) price continues to surge, seasoned investor Ari Paul anticipates that the current bull run is only in its “seventh inning,” with further growth stages ahead. This phase could propel the BTC price to reach $125,000, opening up new trading opportunities on the soaring market.
Bitcoin’s Potential Growth and Institutional Adoption
Ari Paul, the founder and CIO of BlockTower Capital fund, pointed out that Bitcoin is now in the early stages of its final third in the bull rally. He expects Bitcoin to experience gradual growth in this phase, with the price potentially hitting $90,000 to $125,000. This growth is likely to be driven by “strong hands” who are looking at a 6 to 12-month rally ahead.
Unlike earlier phases, institutional adoption will play a more significant role in driving Bitcoin’s performance during this stage, making the growth more sustainable in the months to come.
As retail buyers enter the market, liquidity will increase, leading to higher volatility and leverage on Bitcoin derivatives. This shift will provide more opportunities for aggressive trading strategies.
Ari Paul predicts that the eighth and ninth innings will witness a “parabolic” growth phase for Bitcoin, although the timing of this peak remains uncertain. Previous post-halving years have seen Bitcoin reach new highs, such as its $69,000 milestone in May and surpassing it in November 2021.
Altcoin Season Predictions for 2025
Looking ahead to 2025, renowned economist Raoul Pal expressed a belief that Ethereum (ETH) could outperform Bitcoin (BTC) in the upcoming phases of the bull run. He suggested that Solana (SOL) and Sui (SUI) might also see significant gains in the market.
These insights from industry experts indicate a positive outlook for the cryptocurrency market, with Bitcoin’s current rally potentially paving the way for further growth and opportunities for investors.