The latest Bitcoin price prediction from Capriole Investments founder Charles Edwards suggests the cryptocurrency could climb to a new all-time high of $150,000 before the end of 2025. His outlook comes as Bitcoin (BTC) rebounded above the $120,000 threshold, reinforcing investor optimism in the ongoing bull cycle.
Speaking during Token2049 in Singapore, Edwards told Cointelegraph that Bitcoin’s sharp recovery positions the asset for a “very quick” breakout.
“I wouldn’t be surprised if we went up to $150,000 in a pretty short time, like we have to break out of the $120,000 range. But that’s probably coming, potentially in the next days.” — Charles Edwards, Capriole Investments
Bitcoin gained more than 6% over the past week, trading above $118,500 for the first time since mid-August, according to data compiled by CoinGlass. The recovery follows renewed safe-haven demand as investors diversify alongside gold amid ongoing macroeconomic uncertainty.
Analysts divided on Bitcoin price prediction for this cycle
While Edwards’ forecast is bullish, his Bitcoin price prediction remains more conservative compared with others. Analysts at Bitwise Asset Management suggest the market could rally even higher if institutional adoption accelerates.
André Dragosch, Head of European Research at Bitwise, noted that inclusion of crypto assets in U.S. 401(k) retirement plans could unlock significant capital inflows.
Even a 1% allocation by retirement managers could be enough to lift Bitcoin above $200,000 before year-end, — André Dragosch, Bitwise
This divergence highlights a key debate among crypto investors: whether the current momentum is sufficient to sustain a breakout to $150,000, or if broader institutional participation is required to push BTC above the $200,000 level.
The discussion underscores how each Bitcoin price prediction hinges on assumptions about institutional demand, regulatory clarity, and macroeconomic conditions.
Four-year cycle theory and seasonal strength
Edwards also pointed to Bitcoin’s well-known four-year market cycle as a supporting factor for his Bitcoin price prediction. According to him, the cycle’s historical reliability may make it “self-fulfilling” as traders anticipate bullish outcomes.
He estimated a “just over 50% chance” that the final three months of 2025 will deliver positive monthly returns, in line with past performance trends. Historical averages from CoinGlass show Bitcoin gaining 20% in October, 46% in November, and 4% in December.
“At the end of the day, the driving force is the institutional buying, and if that pivots down, my view will be very different,” — Charles Edwards, Capriole Investments
Technical indicators also support the case. Analysts point to an emerging golden cross pattern when the 50-day moving average moves above the 200-day moving average often viewed as a bullish signal. This could reinforce Edwards’ Bitcoin price prediction of $150,000 before the year closes.
Institutional demand could be decisive
The crux of any Bitcoin price prediction lies in institutional appetite. Inflows from retirement funds, hedge funds, and asset managers could act as a catalyst for the next surge. Already, products like spot Bitcoin ETFs in the U.S. have opened the door for wider institutional participation.
Dragosch’s outlook illustrates this dynamic: a 1% allocation in 401(k) plans alone could introduce more than $122 billion into the market. When combined with ongoing macro uncertainty and Bitcoin’s narrative as a digital safe-haven, the stage may be set for higher valuations.
Still, risks remain. Regulatory headwinds in the U.S. and Europe, alongside shifting interest rate policies, could temper the bullish trajectory. Critics argue that while historical cycles are instructive, they cannot fully account for unprecedented factors such as coordinated global regulation or structural macroeconomic shifts.
Conclusion
As Bitcoin trades near $120,000, optimism around a rally to new highs continues to grow. Edwards’ Bitcoin price prediction of $150,000 balances historical patterns with current institutional trends, while more aggressive forecasts point to levels above $200,000.
With seasonal strength, the four-year cycle, and increasing retirement fund allocations in play, investors are closely monitoring whether institutional inflows will drive Bitcoin’s next major move.
For now, the Bitcoin price prediction debate reflects the broader uncertainty of a market at the intersection of macro trends, investor psychology, and structural adoption.