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In a price forecast shared on on promoting blockchain adoption, with investments in prominent entities such as Coinbase, Kraken, Ripple, Circle and Bitfinex.
Dunleavy’s forecast positions Bitcoin (BTC) at a target of $250,000 and Ethereum (ETH) at $12,000 by the end of 2025. Additionally, he expects Solana (SOL) to reach $700. These projections are supported by analysis that draws parallels between historic economic shifts and current policy movements within the United States.
Dunleavy draws a comparison with the 1970s in the United States, specifically citing President Nixon’s ending of the Gold Standard in 1971 as a crucial economic shift. “Looking at the 1970s in the US, the end of the Gold Standard by President Nixon in 1971 could be seen as a similar turning point to the shift we see with the Trump administration’s embrace of crypto,” Dunleavy said .
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He noted that after Nixon’s action, the price of gold increased approximately sixfold within three years before a retracement occurred, eventually peaking at twenty times its original value by the end of the decade. Dunleavy suggests that a similar trajectory could unfold for Bitcoin and altcoins under the incoming administration’s policies.
Quarterly Bitcoin and Crypto Predictions for 2025
Q1 2025: MV Global expects a sharp upward trend, fueled by growing excitement surrounding the new administration. “Trump’s first 100 days led to the realization that the crypto agenda is actually top of mind,” Dunleavy explains.
He expects a quick start to the market, facilitated by the Biden administration’s cooperation in the transition process. Significant legislative progress is expected within the first 100 days, especially on market structure and stablecoins.
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“We also see a greater likelihood of meaningful progress toward a strategic reserve of BTC and the game theory of its subsequent adoption by nation states,” Dunleavy added. However, a market correction is expected as US tax season approaches, with March historically being a challenging month for Bitcoin.
Q2 2025: The second quarter is expected to see a gradual but consistent upward movement as institutional investors increasingly enter the asset class. “Slow but steady march upwards as more institutions join in,” Dunleavy wrote. He highlights the potential adoption of Bitcoin and Ethereum ETFs by major registered investment advisors (RIAs) and brokerage firms such as Merrill Lynch and Charles Schwab.
“ETH is leading because the lack of a SOL ETF is a barrier to institutional flows in the near term,” he noted, indicating that Ethereum may benefit more directly from institutional adoption than Solana.
Q3 2025: Summer is expected to herald a period of consolidation, with prices moving sideways. “Summer silence. Prices are falling,” Dunleavy predicts. The introduction of a spot Solana ETF or other crypto ETFs could be a catalyst to break this stagnation. September is identified by the CIO as a critical month for potential Securities and Exchange Commission (SEC) rulings that could significantly impact market dynamics.
Q4 2025: The final quarter is expected to show a robust increase towards the end of the year, culminating in a blow-off top scenario. “Strong storm towards the end of the year. The top that we think will penetrate in the first quarter of 2026. This cycle peaks well into 2026 as the passive ETF bid maintains a very strong bottom,” Dunleavy concludes.
At the time of writing, BTC was trading at $100,812.
Featured image created with DALL.E, chart from TradingView.com
