Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Bitcoin’s chance of hitting $125K by June rises as traders bid on upside: Derive

Bitcoin’s chance of hitting $125K by June rises as traders bid on upside: Derive

CointelegraphCointelegraph2025/02/14 08:53
By:Ciaran Lyons

Bitcoin remains stuck below $100,000, but Derive’s Dr. Sean Dawson says its chances of hitting $125,000 by late June have inched up to 44%.

Bitcoin has lingered below the psychological $100,000 level for seven days, but a crypto researcher says there’s a nearly 50% chance it will surge to $125,000 by late June.

The chance of Bitcoin ( BTC ) hitting $125,000 by the middle of this year “has improved to 44.4%, up from 41.9%,” onchain options protocol Derive head of research Dr. Sean Dawson said in a Feb. 13 markets report.

Bitcoin odds for a major downside are much lower

Dawson added that the chance of BTC touching $75,000 before June had dropped to 12.1%, down from 17.8%. Meanwhile, BitMEX co-founder Arthur Hayes is more bearish on the downside.

Hayes predicted last month that Bitcoin could potentially pull back toward the $70,000 to $75,000 range , a move he said may trigger a “mini financial crisis.”

Bitcoin last traded around $75,000 on Nov. 8, just three days after US President Donald Trump won the election — a moment widely seen as the catalyst for a month-long rally that pushed Bitcoin to $100,000 for the first time on Dec. 5.

 

Bitcoin’s chance of hitting $125K by June rises as traders bid on upside: Derive image 0

Bitcoin is trading at $96,790 at the time of publication. Source: CoinMarketCap

At the time of publication, Bitcoin is trading at $96,790, according to CoinMarketCap.

Bitcoin has been trading below $100,000 since Feb. 7. Bitcoin briefly tapped a new all-time high of $109,000 on Jan. 20, prior to Trump’s inauguration.

Market sentiment “Neutral,” chop may continue

Crypto trader Jelle said that until Bitcoin reclaims $100,000, “choppy conditions” will remain.

The crypto market sentiment measuring Crypto Fear & Greed Index shows sentiment on Feb. 14 was “Neutral” with a score of 48 out of a total possible of 100.

Asset manager VanEck said in December that the bull market will hit a “medium-term peak” in the first quarter of 2025 before surging to all-time highs by the end of the year .

It projected that “at the cycle’s apex,” Bitcoin would trade at around $180,000 while ETH would trade above $6,000.”

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

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!