In a recent post on X, John Bollinger, the creator of the Bollinger Bands volatility indicator, provided an insightful analysis of Bitcoin’s price action. According to Bollinger, Bitcoin is positioned for an upward breakout, which could lead to further upside volatility.
The Bollinger Bands Indicator
The Bollinger Bands indicator uses standard deviation around a simple moving average to determine both likely price ranges and volatility. This metric has been widely adopted by traders and investors to gauge market sentiment and identify potential trading opportunities.
Bitcoin’s Price Action Revisited
On December 17, Bitcoin hit a new all-time high above $108,000, breaching the upper boundary of the Bollinger Bands indicator. This is an encouraging sign from Bitcoin, according to Bollinger. The recent push-up of the upper band by Bitcoin adds weight to hopes that the price may move higher from its current level.
Bollinger Bands Squeeze and Walk Up
When a security’s price touches the upper band of the Bollinger Bands indicator, it can signal an imminent reversal back to the center band or sudden upside volatility. In this case, Bitcoin’s recent price action has resulted in a "walk up" of the upper band, which could lead to further upside momentum.
BTC/USD 1-Day Chart with Bollinger Bands
Source: John Bollinger/TradingView
Ambitious New BTC Price Targets for 2025 and Beyond
The possibility of Bitcoin moving higher from its current price has resulted in some ambitious new BTC price targets for 2025 and beyond.
$132,500 by 2025?
According to Mauricio Di Bartolomeo, co-founder of Ledn, Bitcoin will continue to increase in value as measured in gold, eventually reaching the price equivalent of 50 ounces of gold per BTC. This would equate to a BTC price of $132,500 at current rates.
**Why Bitcoin May Appreciate in Gold Terms**
-------------------------------------------
'I believe Bitcoin will continue to appreciate in gold terms and will reach a price equivalent to 50 oz of gold,' Bartolomeo said in a recent article on Forbes. 'I expect to see a slew of portfolio recommendations coming out of ETF issuers’ research desks and registered investment advisors, recommending to their clients to add Bitcoin to their portfolios.'
**What Will the Bitcoin Price be in 2025 and 2045?**
------------------------------------------------
A recent report by BlackRock stated that 'investors may prefer to use Bitcoin tactically to hedge against specific risks, similar to gold.' Bartolomeo said: 'If you are a fully allocated investor looking to rotate into a bitcoin position, you may be inclined to downsize your gold position to make room, as you’re investing the ‘digital’ version of it.'
**$350,000 by 2025?**
---------------------
Robert Kiyosaki, a vocal advocate for Bitcoin since 2017, gave a more ambitious prediction. In a recent post on X, Kiyosaki set a new target for Bitcoin, predicting the price could surge to $350,000 in 2025.
```markdown
**Why $350,000 by 2025?**
-------------------------
Kiyosaki’s figure is a more conservative estimate than Perianne Boring’s, founder of The Digital Chamber, forecast of $800,000 based on the stock-to-flow model. Such a surge would push Bitcoin’s market capitalization to around $15 trillion, up from its current valuation of over $2 trillion.
**$500,000 and Beyond**
----------------------
PlanB, the creator of the stock-to-flow model, predicts Bitcoin to average around a $500,000 valuation across 2025. However, he said that the price may go as high as $1 million.
This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
Explore More Articles Like This
Subscribe to our Markets Outlook newsletter for critical insights on spotting investment opportunities, mitigating risks, and refining your trading strategies.
### Subscribe Now
* [Get critical insights](#) to spot investment opportunities, mitigate risks, and refine your trading strategies.
* Delivered every Monday.
By subscribing, you agree to our Terms of Service and Privacy Policy.
