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Bitcoin (<a data-ct-non-breakable="null" href="https://cointelegraph.com/bitcoin-price" rel="null" target="null" text="null" title="null">BTC</a>) is expected to add at least another 25% to its United States dollar price into 2025, according to new forecasts.
The latest BTC price targets all favor six-figure Bitcoin becoming the norm over the next year.
<h2 id="bitcoin-price-predictions-unanimous-on-six-figures">Bitcoin price predictions unanimous on six figures</h2>
Bitcoin made history on Dec. 5 by finally crossing the $100,000 mark for the first time. During its trip to current all-time highs of $103,800, it also gained a <a data-ct-non-breakable="null" href="https://cointelegraph.com/news/btc-price-43-before-bubble-bitcoin-market-cap-hits-2t" rel="null" target="null" text="null" title="null">$2-trillion market capitalization</a>.
Now, however, market observers are already looking into the future to determine just how high BTC/USD can go.
Cointelegraph looks at some of the most recent popular BTC price predictions for the end of 2024 and beyond.
<h3 id="ark-invest-124-000-btc-price-minimum">ARK Invest: $124,000 BTC price minimum</h3>
Asset management giant ARK Invest is no stranger to bullish BTC price research, and its current thesis revolves around BTC/USD gaining another 25%.
In a <a data-ct-non-breakable="null" href="https://www.ark-invest.com/articles/analyst-research/bitcoin-cycles-entering-2025" rel="null" target="null" text="null" title="null">blog post</a> originally released in mid-November, researchers, who included Puell Multiple creator David Puell, gave a minimum threshold of $124,000.
“If bitcoin were to match the general historical average or the average of all halving years at December’s end, its 2024 performance multiple could hit between 2.48x and 2.94x, its price potentially reaching between ~$104,000 and ~$124,000,” they wrote.
ARK specifically highlighted the wave of institutional demand for Bitcoin, which has become its calling card this year.
“Bottom line, if institutions continue to gravitate toward this new asset class, and the US government seriously contemplates adding bitcoin to its strategic reserves, we anticipate a strong close to 2024 and continued momentum during 2025,” it concluded.
<figure>
 <img alt="4 new BTC price targets see Bitcoin over $124K by New Year" src="https://s3.cointelegraph.com/uploads/2024-12/01939795-c98e-7478-9b2a-bd30c1298ca2" title="">
 <figcaption style="text-align: center;">
 Bitcoin yearly cycles data. Source: David Puell/X
 </figcaption>
</figure>
In an <a data-ct-non-breakable="null" href="https://x.com/dpuellARK/status/1864517063081083010" rel="null" target="null" text="null" title="null">X post</a> on Dec. 5, Puell added that Bitcoin has now met the lower boundary of its target range.
<h3 id="traders-eye-levels-toward-140-000">Traders eye levels toward $140,000</h3>
Popular crypto traders are also not without optimism when it comes to BTC’s price going higher.
Among them is Jelle, who now sees $130,000 as a potential next stop.&nbsp;
A chart <a data-ct-non-breakable="null" href="https://x.com/CryptoJelleNL/status/1864669022756675719" rel="null" target="null" text="null" title="null">uploaded</a> to X on Dec. 5 sees BTC/USD as breaking out of a bullish pennant, which it entered in early November.
“This bullish pennant has a target of $130,000,” he wrote in an accompanying commentary.
<blockquote>
 “Breakout confirmed - send it higher.”
</blockquote>
<figure>
 <img alt="4 new BTC price targets see Bitcoin over $124K by New Year" src="https://s3.cointelegraph.com/uploads/2024-12/01939796-ab0c-763d-b5d9-fafdd521dcfa" title="">
 <figcaption style="text-align: center;">
 BTC/USD chart. Source: Jelle/X
 </figcaption>
</figure>
Fellow trader Aksel Kibar previously <a data-ct-non-breakable="null" href="https://x.com/TechCharts/status/1864560007842316663" rel="null" target="null" text="null" title="null">suggested</a> that $137,000 would form Bitcoin’s next long-term top — in contrast to $100,000, which he <a data-ct-non-breakable="null" href="https://cointelegraph.com/news/who-cares-about-100k-5-things-bitcoin-this-week" rel="null" target="null" text="null" title="null">dismissed</a> as neither psychologically nor technically significant.
<figure>
 <img alt="4 new BTC price targets see Bitcoin over $124K by New Year" src="https://s3.cointelegraph.com/uploads/2024-12/01939798-0ddf-7ed6-a137-bfe40783fbd1" title="">
 <figcaption style="text-align: center;">
 Source: <a data-ct-non-breakable="null" href="https://x.com/TechCharts/status/1864560007842316663" rel="nofollow noopener" target="_blank" text="null" title="https://x.com/TechCharts/status/1864560007842316663">Aksel Kibar</a>
 </figcaption>
</figure>
<h3 id="prediction-markets-see-bitcoin-breakout-rally">Prediction markets see Bitcoin “breakout rally”</h3>
When it comes to crowd consensus, Bitcoin is likewise tipped to keep climbing.
Related: <a data-ct-non-breakable="null" href="https://cointelegraph.com/news/ethereum-7k-eth-price-targets-altseason-gathers-pace" rel="" target="_self" text="null" title="Ethereum to $7K? ETH price targets mushroom as altseason gathers pace">Ethereum to $7K? ETH price targets mushroom as altseason gathers pace</a>
According to data from prediction service <a data-ct-non-breakable="null" href="https://kalshi.com/markets/kxbtcmaxy/how-high-will-bitcoin-get-this-year" rel="nofollow noopener" target="_blank" text="null" title="https://kalshi.com/markets/kxbtcmaxy/how-high-will-bitcoin-get-this-year">Kalshi</a>, the aggregate BTC price target for the end of 2024 is a cool $128,000.
“There is now even a 10% chance of Bitcoin crossing above $150,000 by the end of this year,” trading resource The Kobeissi Letter <a data-ct-non-breakable="null" href="https://x.com/KobeissiLetter/status/1864694214807965804" rel="nofollow noopener" target="_blank" text="null" title="https://x.com/KobeissiLetter/status/1864694214807965804">commented</a> on the status quo, noting that over the past month, the target has risen by over $50,000.&nbsp;
<blockquote>
 “Prediction markets think this is a breakout rally.”
</blockquote>
<figure>
 <img alt="4 new BTC price targets see Bitcoin over $124K by New Year" src="https://s3.cointelegraph.com/uploads/2024-12/01939798-d077-7d56-a9a9-13959a280e57" title="">
 <figcaption style="text-align: center;">
 BTC price prediction data (screenshot). Source: Kalshi
 </figcaption>
</figure>
When it comes to sky-high numbers, however, fellow prediction service <a data-ct-non-breakable="null" href="https://polymarket.com/event/will-bitcoin-hit-250k-in-2024?tid=1733416590681" rel="nofollow noopener" target="_blank" text="null" title="https://polymarket.com/event/will-bitcoin-hit-250k-in-2024?tid=1733416590681">Polymarket</a> sees only a 2% chance of Bitcoin trading at $250,000.
<figure>
 <img alt="Bitcoin Price, Markets, Predictions, Market Analysis" src="https://s3.cointelegraph.com/uploads/2024-12/019397b0-9848-76b7-8129-54f2ce95bf58" title="">
 <figcaption style="text-align: center;">
 BTC price prediction data (screenshot). Source: Polymarket
 </figcaption>
</figure>
This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

4 new BTC price targets see Bitcoin over $124K by New Year

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