Crypto market analyst Scott Melker has projected that Bitcoin could skyrocket to $250,000 by the end of 2025, driven by growing institutional interest and a more mature market structure. In a recent interview, Melker, who hosts The Wolf of All Streets podcast, noted that Bitcoin’s volatility has declined significantly, making the asset more appealing to large-scale investors.
“$250K this year is totally possible,” Melker said, emphasizing that Bitcoin’s volatility, once three times that of the S&P 500, has now fallen to less than double. This reduction in volatility, he argued, is largely due to the influx of pension funds and ETF issuers, which are stabilizing the market as long-term holders replace speculative traders.
The market has already shown signs of renewed strength, with Bitcoin rising above $104,000 in May and Ethereum breaching $2,600. Melker highlighted the growing legitimacy of crypto assets in traditional finance, underscored by Coinbase’s addition to the S&P 500, marking it as one of the index’s top 50 firms by market cap.
Despite the bullish forecast, Melker acknowledged that other analysts maintain more conservative projections, predicting a Bitcoin peak of $120,000 to $150,000. Still, Melker insisted that unpredictable upward moves are not uncommon in crypto. “From the 2020 lows to the last peak, Bitcoin went from $3,000 to $69,000,” he said. “A 2.5x move from here wouldn’t be a big deal.”
Meanwhile, Blockstream CEO Adam Back has made an even bolder prediction, forecasting that Bitcoin could reach $500,000 to $1 million this cycle. Back, a prominent figure in the Bitcoin community, believes institutional demand and a favorable regulatory climate will propel Bitcoin to unprecedented highs.
