Last Updated on May 12, 2025 by Olga
As of May 2025, Bitcoin is regaining momentum after a period of uncertainty. With market sentiment shifting and post-halving dynamics still unfolding, many investors are revisiting the big question: should I buy Bitcoin now, or wait? If you’re navigating the crypto market in 2025, here’s what you need to know about the future of Bitcoin.
Why Is Everyone Asking “Should I Buy Bitcoin Now”?
Because Bitcoin sits at the intersection of long-term opportunity and short-term uncertainty. Following the fourth halving in April 2024 and the approval of U.S. spot Bitcoin ETFs, many expected Bitcoin to surge past $120,000. Instead, it’s been consolidating—and correcting.
Meanwhile, macro pressure, rising gold prices, and market saturation raise fears of deeper pullbacks. The result? Conflicting predictions from top-tier analysts, with price targets ranging from $10,000 to $350,000 by year-end.
The Bullish Outlook For The Future of Bitcoin
Bitcoin Halving: Scarcity Drives Value
The fourth Bitcoin halving took place in April 2024, reducing mining rewards from 6.25 to 3.125 BTC per block. As with previous cycles, this programmed supply reduction introduces a deflationary shock that typically takes time to be fully reflected in market prices. Historically, Bitcoin’s most pronounced bull runs have not occurred immediately after halving events, but rather within a 6–18 month window, as supply-side pressure gradually builds against growing demand. While early 2025 has been marked by price corrections and macro uncertainty, analysts view this as consistent with previous post-halving patterns—suggesting that the strongest phase of the current cycle may still be ahead.
| Halving Year | Pre-Halving Price | Peak After Halving | ROI |
|---|---|---|---|
| 2012 | ~$12 | ~$1,150 | +9,400% |
| 2016 | ~$650 | ~$19,700 | +2,900% |
| 2020 | ~$8,800 | ~$66,900 | +660% |
| 2024 | ~$64,000 | $109,000 (so far) | TBD |
ETFs Are Fueling Long-Term Demand
The U.S. Securities and Exchange Commission’s (SEC) approval of spot Bitcoin exchange-traded funds (ETFs) in January 2024 fundamentally reshaped institutional access to Bitcoin. Unlike futures-based products, these ETFs allow investors to gain exposure to the actual asset itself—tracked by real Bitcoin held in custodial wallets—without the need to manage private keys or navigate crypto-native platforms. This provides a secure, compliant, and operationally efficient solution for institutional allocators such as pension funds, asset managers, insurance companies, and sovereign wealth funds.
Daily trading volume (USD) of spot Bitcoin ETFs. Souce: www.theblock.co
The combination of regulatory clarity, institutional-grade custody, and deepening ETF infrastructure has unlocked capital flows that were previously constrained by compliance mandates or risk management policies. With major players like BlackRock, Fidelity, and Franklin Templeton entering the space, the current cycle is no longer retail-led—it is being reshaped by scale, structure, and sovereign capital, ushering in a fundamentally different era for Bitcoin as a financial asset.
A Pro-Crypto Political Shift
Tax Incentives for Crypto Investors
In early 2025, discussions emerged around a proposal for a 0% capital gains tax on cryptocurrency holdings. This initiative is part of a broader strategy to attract crypto investors and businesses to the U.S., positioning the country as a leader in the digital asset space.
Expansion of Bitcoin Options Markets
In April 2025, Coinbase announced a $2.9 billion acquisition of Deribit, a leading crypto derivatives exchange. This move is part of a broader effort to expand Bitcoin options markets, providing investors with more tools to hedge and speculate on Bitcoin’s price movements.
Source: x.com
Establishment of a National Bitcoin Reserve
On March 6, 2025, President Donald Trump signed an executive order to establish a Strategic Bitcoin Reserve. This reserve is to be funded by Bitcoin seized in criminal and civil cases, currently valued at over $17 billion. The initiative aims to position the U.S. as a global leader in digital assets, recognizing Bitcoin’s status as a decentralized, capped-supply store of value akin to gold.
Should I Buy Bitcoin Now? The Bearish Scenario For The Future of Bitcoin
Mike McGlone’s $10,000 Warning
Between Trump’s renewed tariff wars, declining U.S. equity valuations, and tight monetary policy, 2025 is shaping up as a risk-off year. Even amid record ETF inflows, Bitcoin remains a high-beta asset, meaning it tends to amplify broader market moves—both upward in bull phases and sharply downward during corrections. Bloomberg’s Mike McGlone warns that this dynamic is likely to persist, suggesting the current downcycle for crypto is far from over. In his view, Bitcoin’s correlation with risk assets, rather than its narrative as “digital gold,” is once again being tested under macro stress. Mike has warned that Bitcoin could fall back to $10,000, echoing mean reversion theory after the asset’s massive rally from $10K to $109K in five years.
“The crypto space is overhyped and bloated. Just like during the dot-com era, a purge is coming,” – Mike McGlone, Bloomberg
Should I Buy Bitcoin Now? Technical & On-Chain Insights
Bitcoin is holding above several key support levels:
- $74,500: short-term local support
- $70,000: prior resistance from 2024
- $59,000–$53,500: major base zones
At the same time, on-chain data shows whales withdrawing BTC from exchanges—suggesting long-term conviction. Retail sellers may get shaken out, but institutional players aren’t panic-selling.
Forecasts for the Future of Bitcoin in 2025
We’ve compiled expert forecasts on Bitcoin’s potential price in 2025, highlighting key drivers behind each prediction:
| Analyst/Source | Price Prediction | Drivers |
|---|---|---|
| Bernstein | $200,000 | ETF flows, halving scarcity |
| VanEck | $180,000 | ETF demand, regulatory clarity |
| Standard Chartered | $200K–$250K | Institutional adoption, reserve strategy |
| H.C. Wainwright & Co. | $225,000 | Corporate treasury growth, macro recovery |
| Robert Kiyosaki | $350,000 | Hedge against systemic failure |
| Mike McGlone | $10,000 | Bubble bursting, mean reversion |
Should I Buy Bitcoin Now? Final Thoughts On The Future Of Bitcoin
In times of market uncertainty, the main question isn’t “should I buy Bitcoin now?” — it’s how to make the most of the situation. That’s where Bitcoin-backed loans come into play. A Bitcoin loan lets you use your BTC as collateral to borrow stablecoins or fiat—without need to sell.
That means you don’t have to make a tough call between holding or selling your Bitcoin. Instead, you can unlock its value temporarily, get the liquidity you need, and still stay exposed to any potential price growth – while maintaining your position for the future of Bitcoin.
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✅ Fixed interest rate from 1.5% — no surprises or hidden fees.
✅ Flexible terms — no fixed repayment schedule.
✅ Withdraw BTC anytime — full flexibility as long as your collateral remains healthy.