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$BTC Could Reach $210,000 by 2025, Says Presto Research Head

Peter Chung, head of research at quantitative trading firm Presto, said #Bitcoin could reach $210,000 by the end of 2025. Speaking to CNBC on April 28, Chung cited institutional adoption and global liquidity expansion as key factors. He described recent Bitcoin price corrections as a “healthy” adjustment, strengthening its position as a mainstream asset.

Chung explained Bitcoin’s dual nature, acting as a “risk-on asset” during stable periods and “digital gold” during financial instability. He referenced Eastern European geopolitical tensions in 2022 and the Silicon Valley Bank collapse in 2023 as examples when $BTC behaved as a safe-haven asset. “These moments are rare,” he said.   www.youtube.com/watch?v=hNicQT...

Bitcoin recently reached $94,000. Bitwise CEO Hunter Horsley said the rise has been led by institutional investors, with minimal retail participation. Corporate Bitcoin treasuries now hold nearly $65 billion in $BTC, according to   BitcoinTreasuries.NET. Horsley noted that Google searches for “Bitcoin” remain near long-term lows.

Chung’s $210,000 forecast is based on Presto’s analysis using the Market Value to Realized Value (MVRV) ratio, applying a historical 3.5x multiple to Bitcoin’s projected realized value.

Other analysts have also issued bullish predictions. Robert Kiyosaki forecasted Bitcoin could reach $180,000 to $200,000 in 2025, while Michaël van de Poppe suggested prices could climb between $300,000 and $500,000 based on whale accumulation trends.

Chung maintained that Bitcoin could still outperform gold by the end of the year.