Is Bitcoin Heading Toward $600,000 by October 2025?

is bitcoin heading toward $600,000 by october 2025?
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The price of Bitcoin has already climbed above the key resistance level of $105,000 and is now aiming to break past the $106,000 mark. But will it reach a new all-time high soon? According to analysts, yes—especially as the total crypto market cap nears $4 trillion.

Major macroeconomic events like the Fed’s interest rate decision in June and Trump’s trade policies in July could further fuel the rally.

Wall Street Expert: Bitcoin Could Explode Within 90 Days

Fred Krueger, a Wall Street financier, doubled down on his Bitcoin forecast, claiming the token could begin a massive rally within 90 days.

According to him, around July 21, there won’t be enough buyers for $200 billion worth of new U.S. Treasury bonds, which will force the Fed to act urgently. This could send Bitcoin soaring to $158,000–$165,000 in just 24 hours.

BRICS May Announce Gold-Bitcoin Payment System in July

On July 25, Krueger expects BRICS countries to announce a new global payment system backed by gold and Bitcoin to reduce reliance on the U.S. dollar.

Even if the Fed chair tries to defend the dollar as stable, he believes the world won’t be convinced. Krueger’s forecast includes:

  • $180,000 for BTC by the end of July
  • $215,000 after the Fed implements yield curve control around August 4

Mid-August: Central Banks Pivot to BTC, Target $265,000

By mid-August, key developments are expected:

  • Germany may back the euro with 10% gold
  • Venezuela and Nigeria could move part of their reserves into Bitcoin
  • Tether may launch a BTC-backed stablecoin

These moves could push Bitcoin’s price to $265,000.

September: Digital Dollar, Tech Giants, and $460,000 BTC

By early September, the Fed may begin developing a digital dollar as bond yields could surpass 8.5%, prompting new intervention.

Result? Bitcoin could hit $390,000 in just a week.

By mid-September, Krueger expects tech giants like Apple, Tesla, and Google to add Bitcoin to their balance sheets.

If Latin America also sees broader adoption, Bitcoin could climb to $460,000.

Late September – October: IMF, CBDC, and $600,000 BTC

  • Late September: The International Monetary Fund (IMF) may launch a new global reserve basket, with Bitcoin making up 50%. This could drive BTC to $525,000.
  • Early October: The U.S. could announce a dollar restructuring, backed 25% by Bitcoin and 25% by gold.

In parallel, a CBDC (digital dollar) may be launched, with the Fed’s balance sheet reaching $44 trillion.

Final forecast:

  • Bitcoin reaches $600,000
  • Gold hits $10,400 per ounce

BTC Outshines Gold – Investors Succumb to FOMO

Bitcoin continues to attract attention as investors shift from traditional assets like gold. As fear in the market decreases and FOMO increases, many are choosing BTC over gold.

Bloomberg analyst Eric Balchunas also supports this trend.

Technical Analysis: Ascending Triangle Signals Possible Breakout

Analyst Ali Martinez comments that despite the growth, Bitcoin hasn’t made a decisive breakout yet. On lower time frames, the price is forming an ascending triangle—a pattern of higher lows and consistent resistance.

Current BTC Price: $106,962

Frequently Asked Questions

Find answers to the most common questions below.

Yes, analysts like Fred Krueger suggest that macroeconomic shifts and central bank adoption could push BTC to $600,000 in under 18 months.

BRICS is expected to propose a gold-Bitcoin-based payment system, and the IMF may include BTC in a global reserve basket, both of which could significantly boost BTC’s value.

Analysts speculate that companies like Apple and Tesla may follow MicroStrategy's lead in adopting BTC as a treasury reserve asset, fueling further price growth.

Мартин Н.

Founder of CryptoPoint.bg and programmer with over 17 years of experience, crypto enthusiast with deep knowledge in software development and passion for decentralization, Martin created CryptoPoint.bg to help anyone who wants to gain insight into the future of digital assets, current crypto news, analytics and blockchain innovations.