Publication date: May 1, 2025
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What is the current situation with Bitcoin?
First, back for six months, Donald Trump is elected President of the US, and Bitcoin spikes from $70,000 to
$ 109.000. By now, we are several months on and a lot wiser regarding Mr. Trump's policies.
The expected correction to $75,000 is now a reality. This important level is the basis for the next trend up. Currently, at the current level of $95,000, Bitcoin is still in the initial stages of a ride that, according to our algorithm, will lead to at least $140,000.
The above analysis is clear at a glance in the above price chart of Bitcoin from its top at $109,000 at the end of January this year. You can see the drop from $109,000 to $75,000 in early April. From the current $95,000, the price may well go back to the $90,000 level for a while before completing the first move to the $140,000 level at around $100,000. From the $100,000, our algorithm expects a somewhat larger correction to around $87,000. This will be an important level because from there the price of Bitcoin can pull through to $140,000 in the second half of this year.
Why would Bitcoin continue to rise in 2025?
Bitcoin and the Euro / USDollar (EURUSD)
By default, we talk and write about the Bitcoin rate in US dollars. By far, most readers of our articles live in a country where everything is calculated in Euro. So in the end, the point is to make a profit in Euro. In that light, we have to pay close attention to the USD to EUR conversion rate. This rate this year is significantly against the Eur as the US dollar has fallen sharply. For example, Bitcoin's current exchange rate of around $95,000 is virtually the same as it was in early 2025. Converted into Euro, the rate is about 10% lower. The reason is that the Euro has risen sharply against the USDollar.
Below is the rate of the EUR against the USD from the beginning of 2025. The Euro has risen about 12% against the US dollar.
In addition, our algorithm expects that the Euro could rise further to around $1.22. At that point, this will have a major impact on the gains in USDollar that we expect in Bitcoin. Take this into account by purchasing Bitcoin in euros.
Conclusion
Bitcoin may briefly rebound to $90,000 in the short term and then continue to rise to $100,000. This is an interesting option for the short-term investor. We further expect a larger decline to around $87,000. At that point, you may strongly consider buying in or buying additional Bitcoin for the longer term. This longer term, by the way, is expected to be six months, as the price target for 2025 stands at $140,000. For further development in the coming years, we should not rule out price levels of $200,000 to $250,000 for Bitcoin.
If you are going to buy Bitcoin and live in a country where everything is calculated in Euro, then it is worth considering buying the Bitcoins in Euro, as the US dollar exchange rate is weak against the Euro.
Disclaimer: Investing involves risk. Our analysts are not financial advisors. Always consult an advisor when making financial decisions. The information and tips provided on this website are based on our analysts' own insights and experiences. They are therefore for educational purposes only.