Bitcoin has seen a significant resurgence this week, reaching its best week of 2025 so far with an 11% increase. This increase constitutes the largest seven-day increase since the first week of November 2024. Consequently, Bitcoin surged to $95,000 April 25, a peak not witnessed since February 24. The rally coincides with a weakening US Dollar Index (DXY), which hit a three-year low on April 21, and has reignited predictions of substantial price increases, with some analysts forecasting $200,000 by the end of 2025.
Bitcoin’s recent performance in part illustrates its still-evolving dynamic with gold. Over the next few years, Bitcoin continued to outgrow gold’s performance until March 2025, when gold overtook the performance lead. Since then, despite both having made new all-time highs, Bitcoin has rocketed 11% and gold has fallen 6%.
Bitcoin’s price movement has been closely correlated with the DXY. As we’ve seen in the past, a falling DXY usually means good things for Bitcoin.
Bitcoin tanked but quickly recovered and re-captured the power-law price bound. That prediction is consistent with other models forecasting it might reach as high as between $130,000 and $200,000 by fourth quarter 2025. The digital asset is gradually aiming for $106,000 then $130,000 and $163,000 in the next few months.
Sina’s Bitcoin Quantile Model has a similar outlook, suggesting a $130,000 and $163,000 targets before the end of the year. At the same time, anonymous Bitcoin analyst apsk32 is aiming much higher with their 2025 Bitcoin price target.
"Looking at two-year segments centered today, 4, 8, and 12 years ago. Price scaling performed using the power curve trendline. Expecting $200,000+ Bitcoin in Q4. Gold suggests we could go significantly higher." - apsk32
Bitcoin power curve time contours overlaid over Bitcoin’s price movements through each four-year cycle (2013, 2017, 2021, and 2025).
