Bitcoin course can increase this year to $ 200,000 or even $ 230,000

According to analysts from asset manager Bitwise Bitcoin The potential to rise to $ 200,000 this year, with an estimated “fair value” of even $ 230,000. The rising US national debt and new tax plans from Donald Trump are mentioned as important factors behind this expected price increase.

Tax risks weir demanding Bitcoin

In their weekly analyse Bitwise researchers André Dragosch and Ayush Tripathi point out the growing financial pressure in the United States. Trump’s plans to further reduce taxes – known as the “One Big Beautiful Bill Act” – would further increase the budget deficit. The American Congressional Budget Office predicts that the interest charges on the national debt can triple up to $ 3 trillion in 2030, which stirs up worries about possible default.

According to the analysts, due to its scarcity and independence, Bitcoin is attractive as protection against this type of macro-economic risks. “Current developments create a favorable environment for Bitcoin,” says Bitwise.

Short-lived dip after Trump-Musk Quarrel

An example of such tensions was the recent exchange of words between Elon Musk and Donald Trump, with criticism expressed on Trumps Tax Plan. As a result, the Bitcoin course briefly by 6% to just below $ 100,000. Nevertheless, the currency recovered quickly during the weekend, partly due to the closing of short positions.

“The dip was short -lived and the underlying trend remains positive,” Write the bitwise analysts.

More and more experts are aiming for Bitcoin price of $ 200,000

Not only Bitwise is optimistic. Analysis platform StockMoney Lizards signaled a rare bullish signal in their Optimized Trend Tracker (OTT) at the end of May, which was activated for the first time since mid -2024. This would indicate that Bitcoin is en route to $ 200,000 in 2025, with possibly even a peak of $ 250,000.

Matt Hougan, CIO of Bitwise, also announced earlier that Bitcoin is at $ 200,000 at the end of 2025. According to him, the growing institutional demand ensures a supply shock on the market.

Finally, a so-called “Power Law” model, which previously predicted successful tops and soils, also on a target of $ 200,000 by the end of this year.