Summary of this article
Edul Patel, CEO of Mudrex, believes Bitcoin’s $150,000 target by end-2025 looks reasonable. He highlights emerging institutional demand fueled by spot ETFs, growing regulatory clarity in major markets, and macroeconomic considerations like a declining currency and possible rate cuts. The limited supply of Bitcoin and the growing demand from corporations and investors are causing a supply crisis. Patel stated that these factors can improve the long-term outlook but investors should take their time to research and level of risk into consideration.
By Edul Patel
Earlier this month, Bitcoin created a historical milestone by reaching a new all-time high of $123,000, taking its market cap to about $2.4 trillion. BTC started gaining momentum steadily, with regulatory developments taking place in the US and attracting huge capital inflows.
With Bitcoin trading near all-time highs, one real question on every investor’s mind: what’s actually fueling this sharp move and, more importantly, what’s next for Bitcoin?
Improving Regulatory Clarity Across the Globe
With emerging regulatory clarity in the US with regards to the GENIUS Act, CLARITY Act, and the Anti-CBDC Bill, the general optimism has increased. These bills provide set guidelines for the issuance and use of Stablecoins, define crypto as a security or commodity, and also prohibit the Federal Reserve from issuing or testing a digital dollar without Congressional approval.
The recent moves by the US and the rollout of MiCA in the EU have created ripple effects globally. More countries are now expected to follow suit and bring in their own crypto regulations. This trend could lead to a more standardised approach to global crypto regulation, something that could strengthen the overall ecosystem and, at the same time, boost market trust.
More importantly, regulations serve as a foundation for responsible innovation across key areas such as cross-border payments, custody solutions, blockchain integration with traditional systems, and real-world asset tokenisation. Regulations provide an idea to builders in the space on the areas that have scope for innovation and areas that are not to be touched. This helps create a structured ecosystem that is ready for mainstream adoption.
Institutional Influence of the Market
The entry of institutional investors into the crypto markets has changed how markets are viewed. Since the US approved Bitcoin and Ethereum Spot ETFs, corporate treasuries from companies like Strategy, Meta Planet, and even Indian public companies like Jetking Infotrain Ltd., have been adding large amounts of crypto to their balance sheets. Offering both long-term value appreciation and blockchain-native liquidity, tokens like BTC and ETH are becoming the go-to assets for companies to hold their reserves.
On the other hand, experts like Robert Kiyosaki, the author of “Rich Dad, Poor Dad,” have been strong advocates for Bitcoin. He has been advising investors to own Bitcoin just like Gold and Silver, predicting BTC could hit $200,000 in the coming months. At the same time, banking giants like Standard Chartered have also given similar predictions for Bitcoin, showing strong confidence in the market going forward.
ETF providers like BlackRock, Fidelity, GrayScale, and others have bought about 1,294,775 Bitcoins since their launch back in 2024, now holding about 6.2 per cent of the entire 21 million BTC that can ever be in circulation. Bitcoin ETFs have become so popular among retail investors that IBIT has achieved a milestone by securing $186 million in annual fees, exceeding its S&P 500 ETF with $183 million in the same period. Experts believe that this trend will only grow stronger as more and more big tech and traditional companies participate in the market.
Changing Macro Dynamics
High hopes of an interest rate cut in the US is another major factor fueling the bull run. Typically, lower interest rates leave more money with the investors. This money tends to flow into riskier assets like crypto. Moreover, the appeal for Bitcoin as a store of value is increasing with declining dollar strength. In 2025 alone, the US Dollar Index (DXY) fell over 10 per cent pushing most cash reserves into Bitcoin as a hedge against inflation. This influx of money will help in price appreciation, improving the asset’s strength.
Moreover, the scarcity of Bitcoin is increasing, impacting the supply and demand of the asset. As of today, about 3.61 million BTC are held in treasuries by corporates, governments, and exchanges. Alongside this, crypto whales continue to acquire more Bitcoins every day, creating a classic supply shock. When the demand for an asset grows exponentially faster than the supply, the value of the asset is bound to grow.
Way Ahead
Considering the current situation, Bitcoin is well-positioned to create new milestones in the coming months. Improving regulatory clarity, growing institutional participation, and government support are set to increase mainstream adoption of crypto. With multiple bullish factors in place, a conservative target of $150,000 for Bitcoin by the end of 2025 is a reasonable target. However, investors need to do their own research according to their risk appetite, time horizon, and existing portfolio before investing in crypto.
Edul Patel is the Co-founder and CEO of Mudrex, a Indian crypto exchange.
(Disclaimer: Views expressed are the author's own, and Outlook Money does not necessarily subscribe to them. Outlook Money shall not be responsible for any damage caused to any person/organisation directly or indirectly.)
