{"id":54029,"date":"2025-10-23T04:50:13","date_gmt":"2025-10-23T04:50:13","guid":{"rendered":"https:\/\/emilynews.com\/blog\/?p=54029"},"modified":"2025-10-23T04:50:14","modified_gmt":"2025-10-23T04:50:14","slug":"crazy-stuff-needed-for-bitcoin-to-reach-250k-this-year","status":"publish","type":"post","link":"https:\/\/emilynews.com\/blog\/?p=54029","title":{"rendered":"\u2018Crazy stuff\u2019 needed for Bitcoin to reach $250K this year?"},"content":{"rendered":"<p>Several prominent Bitcoiners remain confident that Bitcoin will hit $250,000 by year-end, but Galaxy Digital CEO Mike Novogratz isn&#8217;t so sure.<\/p>\n<p>Planets would almost need to align for Bitcoin to reach $250,000 by the end of the year, according to Galaxy Digital CEO Mike Novogratz.<\/p>\n<p>Several crypto executives have recently doubled down on their $250,000 Bitcoin (BTC) predictions by year-end.<\/p>\n<p>\u201cThe end of the year is only two and a half months away,\u201d Novogratz\u00a0said\u00a0during an interview with CNBC on Wednesday, adding:\u00a0<\/p>\n<blockquote data-ct-non-breakable=\"undefined\"><p>\u201cThere would have to be a heck of a lot of crazy stuff to really get that kind of momentum.\u201d\u00a0<\/p><\/blockquote>\n<p>At the time of publication, Bitcoin is trading at $107,649,\u00a0according\u00a0to CoinMarketCap, meaning it would need to surge approximately 133% within the next 10 weeks.<\/p>\n<h2>Novogratz says Bitcoin should hold $100,000<\/h2>\n<p>Novogratz said that in a worst-case scenario, Bitcoin \u201cshould hold\u201d around $100,000, a key psychological level it first broke through in December 2024, shortly after Donald Trump was reelected US president.\u00a0<\/p>\n<p>Novogratz said that the $100,000 price level or \u201csomewhere close to that should be the downside.\u201d\u00a0<\/p>\n<figure><img decoding=\"async\" title=\"\" src=\"https:\/\/us.best-server.work\/~\/uv\/hvtrs8%2F-s1.aoknveneercpj.aoo%2Fwpnocdq%2F0005%2F12%2F21%3Ba2ed2%2F2%3A84-5479%2Fba15-4a4f3f%3A7%606%3B8\" alt=\"Cryptocurrencies, Bitcoin Price\" \/><figcaption><em>Bitcoin is down 3.44% over the past 30 days. Source:\u00a0<\/em><em>CoinMarketCap<\/em><\/p>\n<\/figcaption><\/figure>\n<p>Bitcoin came close to retesting that level not long ago, following Trump\u2019s 100% tariffs on China, which caused the market to tumble on Oct. 10 to $102,000.<\/p>\n<p>\u201cOn the upside, you don\u2019t really accelerate until you take out $125,000,\u201d he said, referring to Bitcoin&#8217;s recent all-time highs of $125,100 on Oct. 5. He added:<\/p>\n<blockquote data-ct-non-breakable=\"undefined\"><p>\u201cSo the most likely outlook is we\u2019re rangy between 100 and 120 or 125, unless we take out the top side.\u201d<\/p><\/blockquote>\n<p>Novogratz said potential triggers for pushing through that all-time high level again could be if Trump moves to influence the Federal Reserve \u201cprematurely\u201d or if the crypto market structure bill, known as the CLARITY Act, passes this year.<\/p>\n<figure><img decoding=\"async\" title=\"\" src=\"https:\/\/us.best-server.work\/~\/uv\/hvtrs8%2F-s1.aoknveneercpj.aoo%2Fwpnocdq%2F0005%2F12%2F21%3Ba2ed3%2Fc591-52%3Bd%2Fbd4%60-1b787c0b76%601\" alt=\"Cryptocurrencies, Bitcoin Price\" \/><figcaption><em>Mike Novogratz spoke to CNBC on Wednesday about his outlook on Bitcoin and the broader crypto market. Source:\u00a0<\/em><em>CNBC<\/em><\/figcaption><\/figure>\n<p>\u201cThose are the two kinds of catalysts I see,\u201d he said. The wider crypto industry has been keeping a close eye on the Fed\u2019s decisions on interest rates as a bullish catalyst for Bitcoin after cutting its first rates for this year in September.\u00a0\u00a0<\/p>\n<p>There are 96.7% odds of the Fed cutting rates again at the Oct. 29 Fed meeting,\u00a0according\u00a0to CME\u2019s Fed Watch Tool.<\/p>\n<h2>Some analysts say Bitcoin year-end price is not important<\/h2>\n<p>Other crypto executives are still hopeful that Bitcoin will surge to $250,000 by the end of this year.<\/p>\n<p data-ct-non-breakable=\"undefined\">Speaking on the Bankless podcast\u00a0earlier\u00a0this month, BitMine chair Tom Lee and BitMEX co-founder Arthur Hayes said they remain confident Bitcoin can hit between $200,000 and $250,000 by year-end, a prediction they\u2019ve stuck with for most of this year.<\/p>\n<p>However, some analysts aren\u2019t that concerned about what Bitcoin\u2019s price ends up being at the end of this year. \u201c<\/p>\n<p>Bitcoin analyst\u00a0PlanC said on Sept. 5, \u201cAnyone who thinks Bitcoin has to peak in Q4 of this year does not understand statistics or probability.\u201d<\/p>\n<p>*********************************<\/p>\n<p>Be the first to get most important HYIP news everyday!<br \/>\nSimply Follow <a href=\"https:\/\/www.facebook.com\/EmilyNewsOnline\/\" target=\"_blank\" rel=\"noopener noreferrer\"><strong style=\"text-decoration: underline;\">EN Facebook<\/strong><\/a>, <a href=\"https:\/\/telegram.me\/CryptoHyipsEN\" target=\"_blank\" rel=\"noopener noreferrer\"><strong style=\"color: #c03939; text-decoration: underline;\">EN Telegram<\/strong><\/a>, <a href=\"https:\/\/twitter.com\/EmilyHyipNews\" target=\"_blank\" rel=\"noopener noreferrer\"><strong style=\"text-decoration: underline; font-size: 1.3em;\">EN Twitter<\/strong><\/a><br \/>\nor Subscribe to <strong><a style=\"color: #c03939; text-decoration: underline;\" href=\"https:\/\/feedburner.google.com\/fb\/a\/mailverify?uri=Emilynews\" target=\"_blank\" rel=\"noopener noreferrer\">EN Feedburner<\/a><\/strong> and submit your email address!<\/p>\n<p>If you like this article and want to support EN \u2013 please share it by using at least few of social media buttons below. Thanks and See you tomorrow!<\/p>\n<p><a href=\"https:\/\/emilynews.com\/blog\/wp-content\/uploads\/2020\/11\/Reminder2-1.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-13137\" src=\"https:\/\/emilynews.com\/blog\/wp-content\/uploads\/2025\/02\/Reminder2-1.jpg\" alt=\"\" width=\"544\" height=\"600\"><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Several prominent Bitcoiners remain confident that Bitcoin will hit $250,000 by year-end, but Galaxy Digital CEO Mike Novogratz isn&#8217;t so sure. Planets would almost need to align for Bitcoin to reach $250,000 by the end &hellip; <a title=\"\u2018Crazy stuff\u2019 needed for Bitcoin to reach $250K this year?\" class=\"exalt-read-more\" href=\"https:\/\/emilynews.com\/blog\/?p=54029\"><span class=\"screen-reader-text\">\u2018Crazy stuff\u2019 needed for Bitcoin to reach $250K this year?<\/span>Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":40067,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5651,6],"tags":[139,3544,3812,5652,10,159,97],"class_list":["post-54029","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptonews","category-information","tag-bitcoin","tag-bitcoin-news","tag-cryptonews","tag-emilynews","tag-hyip","tag-hyipnews","tag-hyips","exalt-entry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>\u2018Crazy stuff\u2019 needed for Bitcoin to reach $250K this year? - EmilyNews<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/emilynews.com\/blog\/?p=54029\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"\u2018Crazy stuff\u2019 needed for Bitcoin to reach $250K this year? - EmilyNews\" \/>\n<meta property=\"og:description\" content=\"Several prominent Bitcoiners remain confident that Bitcoin will hit $250,000 by year-end, but Galaxy Digital CEO Mike Novogratz isn&#8217;t so sure. 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