Bitget Expects Bitcoin to Reach $160K by Year-End Despite Sluggish Recovery
Bitcoin's choppy price action below $99,000 reflects lingering investor caution, but structural support from $46 billion in ETF inflows continues to underpin the market, according to Ryan Lee, Chief Analyst at Bitget Research.
Lee noted that Bitcoin’s failure to stabilize immediately after dipping below the $99,000 mark signaled hesitant sentiment, despite its growing role as a macro hedge asset. “Its potential as a safe-haven shines through, but tempered risk appetite delays recovery,” he said.
Despite short-term volatility, Lee remains bullish. He forecasts BTC reaching $110,000 to $115,000 in Q3, with a potential rally toward $130,000–$160,000 by the end of 2025, driven by sustained institutional demand and broader adoption trends.
Lee also expects Ethereum to trade in the $2,600–$2,800 range in the near term, with longer-term upside targets of $5,500, reflecting its role in network utility and future ETF tailwinds.
While short-term caution persists, Lee’s outlook suggests confidence in a strong second-half recovery for crypto’s top assets.
Kosta Gushterov
Reporter at Coindoo
Kosta joined the team in 2021 and quickly established himself with his thirst for knowledge, incredible dedication, and analytical thinking. He not only covers a wide range of current topics, but also writes excellent reviews, PR articles, and educational materials. His articles are also quoted by other news agencies.
