A renowned analyst forecasts that Bitcoin’s price will rise to $1 million by 2025, identifying important reasons for this.
The Bitcoin price has begun the year on a bullish note, signaling that investors are restoring trust in the commodity. Against this backdrop, a slew of industry analysts have set varying price expectations for the main cryptocurrency, sparking market debate. A renowned expert also analyzed BTC’s potential to reach $1 million by 2025 and what may spark such a rise in the following months.
Can Bitcoin price hit $1M?
The Bitcoin price has gained significant traction in 2024, particularly following Donald Trump’s election victory in November. However, as we approach 2025, market players remain on edge, with many questioning what lies ahead for the flagship cryptocurrency. Amidst this, a renowned analyst recently stated if BTC may reach $1 million in 2025 and the elements that could drive the price higher.
For background, Jeff Park, Head of Alpha Strategies at Bitwise, has stated that the cryptocurrency is likely to reach $1 million by 2025. He stated that the cryptocurrency can only reach $1 million if the Bitcoin Strategic Reserve proposal for the United States becomes a reality. However, he also stated that the chances of BTC Reserve occurring in 2025 are less than 10%.
The idea of a federal Bitcoin Strategic Reserve happening in 2025 is less than a 10% chance event.
That’s the only math in which Bitcoin can hit $1mm+ in 2025 when it happens.
— Jeff Park (@dgt10011) December 26, 2024
Meanwhile, Trump’s triumph has increased market mood recently. Furthermore, his aggressive support for BTC throughout his election campaign has boosted market sentiment. The Republican leader has promised to make the United States the cryptocurrency capital, which has fueled speculation.
A number of governments are also diverting their attention to the digital asset industry, particularly Bitcoin. In addition, firms such as Michael Saylor’s MicroStrategy are investing extensively in cryptocurrency, indicating the increased market interest in it.
Bold BTC forecasts
The BTC price went up more than 2% today, trading at $95,656, but the one-day trade volume plummeted 24% to $29.99 billion. Notably, the cryptocurrency reached a 24-hour high of $95,824 and a low of $92,788. Furthermore, CoinGlass data indicated that Bitcoin Futures Open Interest increased dramatically, indicating a high market interest in the cryptocurrency.
Meanwhile, a recent CNBC story revealed many price estimates for Bitcoin set by experts. For example, CoinShares Head of Research James Butterfill predicted that Bitcoin’s price may reach $150K by 2025. However, he also stated that the cryptocurrency might fall under $80K if gloomy sentiment prevails.
Simultaneously, Matrixport predicted that the cryptocurrency will reach $160,000 this year. Galaxy Digital, on the other hand, predicts that BTC will rise to $185K by 2025 as institutions ramp up their crypto use.
Google unveils Gemini-powered Mariner AI agent: What you need to know
On Wednesday, Google introduced Mariner, an experimental AI agent that can navigate webpages on its own. With this breakthrough, the international technology corporation has essentially entered the AI agent race.
This innovative application, developed on Google’s new Gemini 2.0 platform, exemplifies the company’s desire to transform consumer engagement with technology.
Google joins AI agent race with Mariner
Google’s Mariner is supposed to browse spreadsheets, visit retail sites, and use web services while keeping a person “in the loop.” According to the New York Times, it can load a virtual shopping basket with items while leaving the ultimate purchase choice to the user.
Gemini 2.0, a neural network that learns from large datasets such as text, photos, and audio, provides this feature. Its learning extends to understanding how humans interact with digital gadgets, allowing Mariner to mimic similar behaviors.
Google’s Mariner is supposed to browse spreadsheets, visit retail sites, and use web services while keeping a person “in the loop.” According to the New York Times, it can load a virtual shopping basket with items while leaving the ultimate purchase choice to the user.
“It can understand that it needs to press a button to make something happen. It can take action in the world,” the New York Times reported, citing Demis Hassabis, head of Google’s core AI lab.
Sundar Pichai, Google CEO, praised Mariner as a step closer to realizing the aim of a “universal assistant.” Despite its experimental nature, Mariner’s incorporation as a Google Chrome plugin demonstrates its relevance to the company’s AI future.
Gemini 2.0 acts as the foundation for Mariner and other Google AI initiatives, such as the chatbot Gemini and the AI Overviews tool included into Google Search. This powerful neural network recognizes patterns in data to create text and interact with services, paving the way for AI bots to become an everyday part of life.
However, Google’s ambitious intentions may meet regulatory challenges. The drive by the US Justice Department to remove Chrome from Google over antitrust concerns might have a huge impact on Mariner’s growth.
Furthermore, like other AI systems, Google’s Mariner is susceptible to mistakes. Jaclyn Konzelmann, the firm’s project manager, said that making mistakes remains a struggle.
“Is it always accurate? Not yet,” she admitted, emphasizing its experimental status.
This breakthrough comes only weeks after Google introduced the Willow Quantum Chip, which sparked controversy about Bitcoin security. Taken together, the initiatives demonstrate the company’s desire to change how users engage with technology.
Investor buzz: AI agent tokens and opportunities
For the time being, the debut of Google’s Mariner highlights the growing rivalry among IT behemoths and start-ups to lead the artificial intelligence revolution. As technology advances, its capacity to execute complicated tasks while smoothly integrating into ordinary life promises to revolutionize how we utilize digital tools. Nonetheless, obstacles ranging from regulatory oversight to technical refinement persist.
Beyond Mariner, Google showcased an improved version of Project Astra, a smartphone digital assistant that reacts to photos, text, and voice instructions. While not yet available to the public, Astra is another step toward rethinking human-technology connection.
However, Google is not alone in the battle to create AI bots. Startups like OpenAI and Anthropic have developed comparable tools that can interface with software programs, websites, and other digital platforms. The AI agent ecosystem is expanding, as new frameworks and integrations emerge. Cygaar, an industry watcher, emphasized the field’s potential on X (previously Twitter).
As someone who’s actively contributing to a lot of these AI agent frameworks, I can tell you there is still a lot more that can be improved.
Most frameworks are probably ~10-30% of their full potential – great foundations but lacking in features and integrations.
We will see…
— cygaar (@0xCygaar) January 1, 2025
Meanwhile, Dragonfly creator Haseeb Qureshi’s projection of an AI agent rise by 2025 is consistent with the present trend. In a recent editorial, he emphasized the revolutionary power of these technologies to reshape businesses and consumer relationships.
As AI agents gain momentum, investor interest in AI-related tokens grows. Hitesh.eth, a renowned crypto influencer, has identified 10 AI agent tokens — ZARA, TONY, H4CK, SAM, XENO, REALIS, TRUST, ASYM, NIKITA, NOMAI, and RADIO — as possibly undervalued assets. However, investors must exercise care and undertake extensive study before entering this growing sector.
Here’s why Shiba Inu price can rally 260%
Shiba Inu prices are poised for a 260% surge to $0.000081, as analysts observe positive indications and a large whale withdraws $4.63 million SHIB from Binance.
Shiba Inu pricing is gaining traction after a leading market analyst predicted a 260% surge in the next months. Following a gloomy period in which Shiba Inu fell by more than 37% from its December highs, market observers believe the meme-inspired cryptocurrency is primed for a significant rebound.
During this consolidation period, a whale withdrew $4.63 million in Shiba Inu from Binance, fueling anticipation of an upward trend.
Shiba Inu price eyes rally amid soaring whale activity
A large transaction using Shiba Inu has piqued the interest of the cryptocurrency community. A whale that had been asleep for five months withdrew 220 billion SHIB tokens valued at $4.63 million from Binance. This substantial shift coincided with Shiba Inu’s battle to recapture the $0.000025 price level throughout the Christmas season.
According to data from IntoTheBlock, Shiba Inu faces two critical sell barriers that prohibit it from reaching the $0.00003 range. The initial resistance zone, spanning $0.000023 to $0.000024, has 42,310 addresses holding 60.44 trillion SHIB.
A bigger sale wall exists between $0.000024 and $0.000030, where 208,010 addresses bought 70.35 trillion SHIB. These barriers have regularly slowed the token’s SHIB price recovery, causing pullbacks and significant falls.
What’s next for SHIB?
Shiba Inu prices have lately stabilized following a period of volatility. The token is now trading in a tight band of $0.00002100 to $0.00002300.
Analysts see this consolidation as a potential setting for an upward breakout, particularly given the recent increase in SHIB burn rate and if the overall crypto market shows indications of improvement.
The token’s recent price motion is consistent with technical analysis, which indicates it has found support at $0.00002. This level has been key in averting additional drops, even while negative patterns continue. RSI and MACD indications imply that SHIB price may be regaining positive momentum, with the RSI now at 56.81, indicating a neutral to slightly optimistic view.
Analyst predicts 260% Shiba Inu price rally
Crypto expert Javon Marks has detected “textbook bull signals” in Shiba Inu (SHIB) price chart, implying that a significant surge may follow. According to Marks, the coin just broke over a long-term resistance trendline and tested it for support during a recent decline. This breakout action frequently marks the start of an upward trend.
Marks believes that the Shiba Inu price will grow to $0.000081 in the short term, indicating a 260% increase from current levels. He also observed the occurrence of hidden bullish divergence, in which price makes higher lows but momentum indicators make lower lows. This pattern demonstrates the asset’s fundamental strength. “Shiba Inu is holding above its breakout zone, which is a positive sign for potential growth,” Marks said in his report.
To continue its bullish climb, the Shiba Inu price must surpass two significant resistance levels. The first objective is $0.00003, a price level where the coin has previously experienced considerable selling pressure. If SHIB breaks past this barrier, experts predict it will be able to hit $0.000081, the next major resistance level.
Marks also indicated a long-term SHIB price goal of $0.000155, a record high for Shiba Inu. He feels this aim is attainable if market circumstances improve and broader positive tendencies resume.
