Bitcoin could still rally above $110K in 2025 – Exec

AmbcryptoPublished on 2025-04-07Last updated on 2025-04-07

Abstract

Not everyone is bearish about the world’s largest cryptocurrency.

Bitcoin [BTC] shed 12% of its value over the past week, extending its decline to a new low of $74k on Monday amid Trump tariff woes and macro uncertainty. This was about a 30% drawdown from its all-time high (ATH) of $109.5k.

However, Quinn Thompson, founder of crypto hedge fund Lekker Capital, believes that BTC could print a new ATH in 2025. Citing his previously accurate prediction, Thompson added,

“Me: Calls Trump win early 2024. Calls BTC 100k in summer 2024. Calls BTC correction to low 80Ks since late December 2024…BTC > 110k in 2025.”

He also said that the macro narrative could shift positively, citing upcoming tax cuts and deregulation.

Short-term fears persist

Despite the mid-term positive outlook, traders’ positioning has been cautious in the short term. In fact, Kelly Greer of Crucible Capital noted that Options have been hedging heavily against downside risks, as shown by the premium for puts (bearish bets). She stated,

“Potection is the most in demand that it’s been in 12 months across maturities, most pronounced in 1 week. Gamma is peak negative – will exacerbate volatility.”

The Skew Delta 25 indicator tracks the demand for puts or calls (bullish bets) over days, weeks, or months.

By extension, it paints traders’ future expectations and market sentiment. Negative readings indicate heavy demand for puts (negative sentiment), while positive values or higher calls allude to bullish sentiments.

According to Amberdata’s Greg Magadini, the premium for puts suggested that short-sellers may be best positioned for gains in the short term. Magadini stated,

“Short-dated options have seen even more puts premium…I think opportunity favors crypto shorts (the laggard theory) as opposed to longs right now (the safe haven theory).”

From a valuation perspective, BTC’s status might be mixed. The slow capital inflows, as per the realized cap, suggested that the king coin might be entering a bear market.

However, on another valuation model – the MVRV-Z score – BTC hit a local top. On the same, it seemed to be cooling towards the level seen last September. Simply put, Bitcoin might be relatively cheap at its current value.

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What is $BITCOIN

DIGITAL GOLD ($BITCOIN): A Comprehensive Analysis Introduction to DIGITAL GOLD ($BITCOIN) DIGITAL GOLD ($BITCOIN) is a blockchain-based project operating on the Solana network, which aims to combine the characteristics of traditional precious metals with the innovation of decentralized technologies. While it shares a name with Bitcoin, often referred to as “digital gold” due to its perception as a store of value, DIGITAL GOLD is a separate token designed to create a unique ecosystem within the Web3 landscape. Its goal is to position itself as a viable alternative digital asset, although specifics regarding its applications and functionalities are still developing. What is DIGITAL GOLD ($BITCOIN)? DIGITAL GOLD ($BITCOIN) is a cryptocurrency token explicitly designed for use on the Solana blockchain. In contrast to Bitcoin, which provides a widely recognized value storage role, this token appears to focus on broader applications and characteristics. Notable aspects include: Blockchain Infrastructure: The token is built on the Solana blockchain, known for its capacity to handle high-speed and low-cost transactions. Supply Dynamics: DIGITAL GOLD has a maximum supply capped at 100 quadrillion tokens (100P $BITCOIN), although details regarding its circulating supply are currently undisclosed. Utility: While precise functionalities are not explicitly outlined, there are indications that the token could be utilized for various applications, potentially involving decentralized applications (dApps) or asset tokenization strategies. Who is the Creator of DIGITAL GOLD ($BITCOIN)? At present, the identity of the creators and development team behind DIGITAL GOLD ($BITCOIN) remains unknown. This situation is typical among many innovative projects within the blockchain space, particularly those aligning with decentralized finance and meme coin phenomena. While such anonymity may foster a community-driven culture, it intensifies concerns about governance and accountability. Who are the Investors of DIGITAL GOLD ($BITCOIN)? The available information indicates that DIGITAL GOLD ($BITCOIN) does not have any known institutional backers or prominent venture capital investments. The project seems to operate on a peer-to-peer model focused on community support and adoption rather than traditional funding routes. Its activity and liquidity are primarily situated on decentralized exchanges (DEXs), such as PumpSwap, rather than established centralized trading platforms, further highlighting its grassroots approach. How DIGITAL GOLD ($BITCOIN) Works The operational mechanics of DIGITAL GOLD ($BITCOIN) can be elaborated on based on its blockchain design and network attributes: Consensus Mechanism: By leveraging Solana’s unique proof-of-history (PoH) combined with a proof-of-stake (PoS) model, the project ensures efficient transaction validation contributing to the network's high performance. Tokenomics: While specific deflationary mechanisms have not been extensively detailed, the vast maximum token supply implies that it may cater to microtransactions or niche use cases that are still to be defined. Interoperability: There exists the potential for integration with Solana’s broader ecosystem, including various decentralized finance (DeFi) platforms. However, the details regarding specific integrations remain unspecified. Timeline of Key Events Here is a timeline that highlights significant milestones concerning DIGITAL GOLD ($BITCOIN): 2023: The initial deployment of the token occurs on the Solana blockchain, marked by its contract address. 2024: DIGITAL GOLD gains visibility as it becomes available for trading on decentralized exchanges like PumpSwap, allowing users to trade it against SOL. 2025: The project witnesses sporadic trading activity and potential interest in community-led engagements, although no noteworthy partnerships or technical advancements have been documented as of yet. Critical Analysis Strengths Scalability: The underlying Solana infrastructure supports high transaction volumes, which could enhance the utility of $BITCOIN in various transaction scenarios. Accessibility: The potential low trading price per token could attract retail investors, facilitating wider participation due to fractional ownership opportunities. 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363 Total ViewsPublished 2025.05.13Updated 2025.05.13

What is $BITCOIN

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