Stock market information for Bitcoin (BTC)
Bitcoin is a crypto in the CRYPTO market.
The price is 94266.0 USD currently with a change of -1371.00 USD (-0.01%) from the previous close.
The intraday high is 95747.0 USD and the intraday low is 93702.0 USD.
Resolution Criteria:
This market will resolve to "Yes" if, at any point during the year 2025, Bitcoin's price reaches or exceeds $200,000 USD. Conversely, it will resolve to "No" if Bitcoin's price falls to or below $20,000 USD at any time during 2025. If neither of these price points is reached during 2025, the market will resolve to "No." The highest and lowest prices will be determined based on data from reputable cryptocurrency exchanges and aggregators.
Background:
As of May 5, 2025, Bitcoin is trading at approximately $94,266 USD. In December 2024, Bitcoin surpassed the $100,000 milestone, reaching a peak of $103,679 on December 5, 2024. (reuters.com)
Several financial institutions and analysts have provided optimistic forecasts for Bitcoin's price in 2025:
Fundstrat's Tom Lee predicts Bitcoin could reach $250,000 within the next 12 months, citing the 2024 halving event and a favorable political environment in the U.S. (newsbtc.com)
VanEck's Matthew Sigel anticipates a price of $180,000 in 2025, highlighting Bitcoin's recurring four-year cycle and the impact of the 2024 halving. (newsbtc.com)
Bernstein forecasts Bitcoin climbing to $200,000 by the end of 2025, driven by institutional adoption and regulatory developments. (newsbtc.com)
These projections are based on factors such as institutional adoption, regulatory changes, and Bitcoin's supply dynamics post-halving.
Considerations:
While many forecasts are bullish, Bitcoin's price is highly volatile and influenced by various factors, including regulatory changes, technological developments, and macroeconomic conditions. Traders should consider these variables when making predictions.
Update 2025-05-05 (PST) (AI summary of creator comment): Based on the creator's comment:
Market resolves Yes if the Bitcoin price trades at $200,000 USD at any point during 2025.
Market resolves Yes if the Bitcoin price trades at $20,000 USD at any point during 2025.
Market resolves No if neither of these price points is reached during 2025.
Note: This differs from the original resolution criteria where hitting $20,000 would resolve the market to No.