After much deliberation and delay, Bitcoin has finally displayed signs of rejuvenation, with BTC slowly inching towards claiming the $87K price mark. The token was earlier trading around the $84K price pedestal and was struggling to move past the critical price point. As of now, the token is sitting at $86K, up 3% in the last 24 hours. Can BTC truly hit a new time before the end of Q1, 2025? Let’s find out.
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Bitcoin: What’s Next?
Bitcoin is currently sitting at $86K at press time, up 3% in the last 24 hours. The token had earlier claimed an $87K price mark but since then has retracted its step a bit, sitting at $86K presently. The token had earlier hit a new low of $80K, spurred primarily by rising trade war narratives that had lately been battering the cryptocurrency down a notch. Now that the markets have stabilized, Bitcoin has also noted a spike, helping the token sit at $86K right now.
According to Arthur Hayes, an ardent BTC proponent, Bitcoin is set to claim the $110K mark before it retests at the $76.5K stage.
“I bet $BTC hits $110k before it retests $76.5k. Y? The Fed is going from QT to QE for treasuries. And tariffs don’t matter cause “transitory inflation.” JAYPOW told me so. I’ll expound on that in my next essay; that’s the TLDR for your TikTok peanut brain.”
I bet $BTC hits $110k before it retests $76.5k.
— Arthur Hayes (@CryptoHayes) March 24, 2025
Y? The Fed is going from QT to QE for treasuries. And tariffs don’t matter cause “transitory inflation”. JAYPOW told me so.
I’ll expound on that in my next essay, that’s the TLDR for your TikTok peanut brain.
At the same time, discussions regarding the US trading gold for Bitcoin are also gaining steady momentum. The aforementioned idea was first floated by Senator Cynthia Lummis, helping Bitcoin gain further price momentum.
🇺🇸 Senator Cynthia Lummis says the US government should sell its gold and buy Bitcoin. pic.twitter.com/cjZ0zMWHnD
— Watcher.Guru (@WatcherGuru) March 22, 2025
In another motivational bid, Anthony Pompliano updated a new post on X, adding how investors should continue to hold BTC and “ignore the noise” in the process.
Bitcoin has swung from Extreme Greed to Extreme Fear over the last 12 months.
— Anthony Pompliano 🌪 (@APompliano) March 10, 2025
The price of the asset is up 20% during the same time frame.
Ignore the noise. pic.twitter.com/F1wTb0rdJr
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Where Is Bitcoin Headed?
Per CoinCodex, Bitcoin may surge to sit at a new price mark of $116,000 by March 31st, 2025.
CC later predicts how BTC may ultimately reach a new high of $118K by March 22, 2025.
“According to our current Bitcoin price prediction, the price of Bitcoin is predicted to rise by 36.56% and reach $ 118,704 by April 23, 2025. Per our technical indicators, the current sentiment is bearish while the Fear & Greed Index is showing 45 (fear). Bitcoin recorded 13/30 (43%) green days with 4.80% price volatility over the last 30 days. Based on the Bitcoin forecast, it’s now a bad time to buy BTC.”
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