Bitcoin is ready to break through: $120K can quickly turn into $150K

According to the founder of the hedge fund Charles Edwards’ Capriole Investments, Bitcoin can update the historical maximum and reach $150,000 before the end of 2025. He calls the growth of the interest of institutional investors in ‘silent harbors’ amid the strengthening of gold.

In an interview Cointelegraph At the Token2049 conference in Singapore, Edwards noted that overcoming the psychological level in $120,000 will open the way to the rapid upward movement:

“I won’t be surprised if we reach $150,000 pretty quickly as soon as we break through the $120K level. This may happen in the coming days,” he said.

Over the past week, Bitcoin has increased by more than 6% and for the first time since August 15 exceeded the mark $118,500.

More bold predictions: $200K on the horizon?

Edwards’s forecast looks conservative compared to other analysts. Thus, the head of the European Research Department Bitwise Asset Management Andre Dragossh believes that the inclusion of cryptocurrencies in pension plans 401(k) in the USA Able to open access to $122 billion new capital.

According to him, even 1% of the distribution in bitcoin on the part of fund managers can push the price higher $200,000 until the end of the year.

‘Four-Year Cycle’ and Institutional Money

Edwards also suggests that at the end of the year, the cryptocurrency market with a probability of just above 50% will show Three consecutive positive months. He noted that the theory of four-year cycles remains relevant and can become a “self-fulfilling prophecy”, since many investors build strategies based on this approach.

“Ultimately, institutional purchases remain the decisive factor. If they decline, my forecast will change,” the expert added.

Bitcoin monthly returns(%) – CoingLass.

Seasonal power of Bitcoin

Historically, the last months of the year are especially successful for Bitcoin. According to Coinglass, the average return in October was about +20%, in November – +46%, and in December – about +4%.

In addition, technical indicators, including the formation of the ‘Golden Cross’ on the charts, indicate the potential movement of Bitcoin in the area $150,000 in the fourth quarter of 2025.