- Bitcoin is expected to cross $100,000 in May 2025 if the Fed cuts interest rates by 0.25%.
- Otherwise, a cross above last ATH is only likely in June 2025.
- Bitcoin fell from $109k ATH to $76k in the first quarter of 2025 (January to March).
Price History
January

Bitcoin started its journey in 2025 with a price of $93,000 (as on 1 January). Despite turbulence in the markets with falling liquidity levels, Bitcoin successfully recovered above $100,000 till the end of January.
However, at every point above $100k, short sellers became aggressive and Bitcoin failed to cross $100,000 decisively.
It managed to defend those price levels for the entire month even when this year’s first Federal Open Markets Committee (FOMC) meeting did not cut interest rates further and the markets descended into a liquidity crisis in the last 3 days of the month (i.e., 29, 30 and 31).
February

Bitcoin remained floating around $90k for the entire month of February except for the last week.
In the last week of February 2025, Bitcoin saw a major slide from $96,000 to $84,000 due to liquidity worries.
Most of the selling in this period was done by retail sellers while corporates kept buying.
Selling was primarily caused by Donald Trump and David Sacks disclosing that no extra Bitcoins would be bought for the reserve. Later, this was walked back by Trump who then said they would buy Bitcoins but not by tax money.
March

Starting the month on a bad note, Bitcoin struggled through the entire month to stay above $85,000. Despite multiple attempts, Bitcoin was unable to stay above those levels.
The latter part of the month grew more worrysome as Bitcoin Fear and Greed Index kept falling. Other altcoins had even worse falls.
April

In the month of April 2025, Bitcoin struggled to retain its $85,000 resistance. This was caused due to a fall in the market sentiments and this was also seen in Fear and Greed Index which fell to a level of 13/100.
However, by the latter part of the month i.e., the third week, Bitcoin recovered first above $80k, then $85k and finally above $90k. This was caused by the return of stability in the markets and a general expectation of a rate cut in May or June 2025.