In a recent discussion on X, Alistair Milne, co-founder and Chief Investment Officer (CIO) of the Altana Digital Currency Fund (ADCF), shared his Bitcoin predictions for 2025. With a background in the investment sector dating back to 2014, Milne’s observations carry considerable influence among investors.
Bitcoin Predictions for 2025
Milne’s forecast begins with the role of the United States in Bitcoin accumulation. He foresees that “Trump won’t announce Bitcoin buying on behalf of the USA in 2025, but he WILL sign an order preventing any seized BTC from being sold… creating a defacto reserve. It will still create global FOMO.” This suggests that while Trump may not adopt the Bitcoin Act proposed by Senator Cynthia Lummis, which aims to purchase 1 million BTC over five years, he could maintain the current 198,109 BTC as a national reserve. This measure could instigate a worldwide fear of missing out (FOMO).
Looking beyond the US, Milne predicts that smaller, more agile nations will join the Bitcoin movement. He expresses confidence that, “Other, smaller and more nimble nations (in addition to Bhutan and El Salvador) will announce Bitcoin Reserves and start buying or mining.” He anticipates that some Middle Eastern countries will begin to reveal their Bitcoin holdings as well.
Milne also forecasts an increase in corporate interest in Bitcoin. He believes that at least one more company from the S&P 500, aside from notable players like Tesla and MicroStrategy, will announce a Bitcoin acquisition in 2025.
When it comes to price, Milne embraces an optimistic outlook. He projects that “Bitcoin should get to around $200-250k, even without the US gov buying. If the US does start buying, expect closer to $500k. Yes, in 2025.” This potential surge hinges on a competitive dynamic among nations vying for Bitcoin, highlighting the urgency to secure digital assets.
Milne outlines his expectations regarding market fluctuations, suggesting that Bitcoin will likely peak in the latter half of the year. While he hints at October as a critical month, he believes that any bear market conditions will be “significantly milder than the previous ones given that nation states and corporations will slowly accumulate.”
On the topic of market stability, Milne touches upon recent events, stating, “Bitfinex is finally sending back the majority of its hacked BTC… causing a temporary dip in the market as people FUD and say they will dump the Bitcoin (they won’t, they’ll slowly convert 80% of it to LEO over 18 months).”
Furthermore, he notes that the recovery of major exchanges will also influence Bitcoin’s trajectory. Milne elaborates, “FTX begins distributing the USD to creditors in Q1, via several large exchanges… making it easy for them to re-invest in Bitcoin, etc. At least 50% of the money returned will be reinvested.” This reinvestment is expected to introduce liquidity into the Bitcoin market, potentially leading to a resurgence in prices.
Milne highlights institutional investor activity, predicting that MicroStrategy could achieve a “Bitcoin yield” of ~30% in 2025 before the premium closes. Additionally, Milne concludes with a poignant statement about the future of Ross Ulbricht, the founder of Silk Road. He anticipates that Trump will keep his promise to Ulbricht, stating, “Ross will be freed.”
As of now, Bitcoin trades at approximately $93,070. The shifting tides in the world of Bitcoin promise to keep investors on their toes, fueling anticipation and debate.
