Industry Experts Lower Bitcoin Price Targets Amid Crypto Market Slowdown
Market experts, including Cathie Wood and Alex Thorn, have reduced their long-term and near-term Bitcoin price forecasts due to market shifts and stablecoin growth.Summary
Industry experts are scaling back their bullish Bitcoin price targets amid a crypto market slowdown. ARK Invest CEO Cathie Wood lowered her 2030 forecast from $1.5 million to $1.2 million, attributing the reduction partly to the unexpected growth of stablecoins usurping some of Bitcoin's expected role as a cash equivalent.
Similarly, Galaxy Digital's Alex Thorn reduced his year-end 2025 target from $185,000 to $120,000, citing several market pressures. These include whale activity moving coins into ETFs, a significant leverage liquidation event, capital rotation towards AI and tech stocks, retail trader fatigue, and the market entering a more stable, institution-driven "maturity era" characterized by lower volatility.
Despite these downward revisions from crypto-native analysts, traditional finance institutions like JPMorgan remain optimistic, predicting Bitcoin could reach $170,000 in the next 6-12 months as the deleveraging phase concludes. This divergence highlights a mixed outlook on whether Bitcoin will continue its steady maturation or regain high-growth momentum.
(Source：BeInCrypto)