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Bitcoin To Explode To $210,000 In 2025: Quant Powerhouse Presto
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Bitcoin To Explode To $210,000 This Year, Says Quant Powerhouse Presto

Jake Simmons
Jake Simmons
1 month ago
3 mins read
Bitcoin price prediction news Presto

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In a live interview on CNBC’s Squawk Box on Monday, Peter Chung, Head of Research at quantitative trading firm Presto, reaffirmed his conviction that Bitcoin can reach $210,000 before the end of 2025, arguing that the asset is evolving into a macro-level refuge during moments of stress in the global financial system.

Bitcoin Set To Go Parabolic

“We have not changed our market outlook,” he began in the opening seconds of the interview. “Bitcoin target price remains $210,000, driven by institutional adoption and the global liquidity expansion.” He emphasized that the same framework underpins Presto’s valuation of Ether, adding: “For ETH our target price was based on the ETH-to-BTC ratio, which was 0.05. We still maintain that as well, reflecting the community’s efforts to address the value-leakage problem.”

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Chung pushed back on suggestions that the pullback earlier this year invalidates the model: “Granted, not everything turned out the way we expected so far this year—especially the macro outlook and the market reaction to it—but in hindsight it was actually a healthy correction that has paved the way for the further re-rating of Bitcoin as a mainstream asset.”

Within Presto, he said, the dominant task this month has been “trying to figure out whether anything is broken in the market—be it confidence or some kind of global order—and how these assets are positioned in people’s portfolios.” Their conclusion: nothing systemic has fractured, leaving the secular drivers intact.

The longest exchange came when the anchors asked why gold surged in April while Bitcoin initially lagged. Chung offered a granular taxonomy of Bitcoin’s behavior: “Bitcoin has two faces: digital gold and a risk-on asset. Most of the time Bitcoin behaves like a risk-on asset […]. But it’s during a crisis that Bitcoin behaves like gold […]. These moments are rare. They happen only when the market has doubts about the stability of the US-dollar-dominated financial system […] and that’s what we saw in the month of April.”

Asked to identify the most statistically significant input behind the $210,000 figure, Chung pointed to what he called “global liquidity expansion,” a variable that Presto tracks through the balance-sheet trajectories of major central banks and large sovereign wealth funds. Although money-supply growth has slowed in the United States, it has re-accelerated in China and, more recently, in the euro area—a pattern that Presto believes will leak into crypto markets through cross-border flows.

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He also underlined the role of institutional order-flow data, which the firm credits for spotting the 2024 rally. “The proportion of block trades above $10 million in Bitcoin perpetual futures,” he noted off-camera, “is back above 7 percent of total volume for the first time since November 2023.”

Why $210,000 Is Not ‘Optimistic’

Although the round number draws headlines, Chung argued that $210,000 is conservative relative to historical adoption curves: “If you map Bitcoin’s network-effect data onto the monetisation path of the internet between 1994 and 2007, you arrive at levels far above $210,000. We chose that figure precisely because it balances tail-risk and liquidity constraints. It is not a moon-shot; it is the median outcome in our distribution.”

Still, he conceded that the path is unlikely to be linear: “Our mission is not to be prophets of the exact week or month; our mission is to determine whether anything in the structural thesis—scarcity, decentralisation, adoption—has broken. So far, nothing is broken.”

The anchors pressed him on what would force a downward revision. Chung named two red lines: A lasting collapse in real global M2, which would strangle risk capital and suppress the liquidity premium that pushes scarce digital assets higher, and a fatal consensus bug or governance failure inside the Bitcoin network—an event he stressed has “never happened in fifteen years” but that any quantitative risk model must include.

Short of those, Presto sees the April correction as a “mid-cycle purge” that flushed overheated leverage ahead of the next leg. “Bitcoin is already trying to catch up,” Chung said, pointing to the rally off the mid-April lows. Whether that momentum propels the asset all the way to six-figure territory by New Year’s Eve will, in his words, “depend on whether investors choose to price geopolitical insurance now or after the next tremor.”

At press time, BTC traded at $94,983.

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Jake Simmons
Jake Simmons

Jake Simmons

Jake Simmons, a dedicated crypto journalist, has been passionate about Bitcoin since 2016 when he first learned about it. Through his extensive work with NewsBTC.com and Bitcoinist.com, Jake has become a trusted voice in the crypto community, guiding newcomers and seasoned enthusiasts alike towards a deeper understanding of this dynamic field.

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His mission is simple yet profound: to demystify Bitcoin and cryptocurrencies and make them accessible to everyone.
With a professional career in the Bitcoin and crypto scene that began right after graduating with a degree in Information Systems in 2017, Jake has immersed himself in the industry. Jake joined the NewsBTC Group in late 2022. His educational background provides him with the technical prowess and analytical skills necessary to dissect complex topics and present them in an understandable format. Whether you are a casual reader curious about Bitcoin or an investor seeking to navigate the latest market trends, Jake’s insights offer valuable perspectives that bridge the gap between complex technology and everyday usage.

Jake is not just a reporter on technological trends; he is a firm believer in the transformative potential of Bitcoin over traditional fiat currencies. To him, the current financial system is on the brink of chaos, propelled by unchecked government actions and flawed Keynesian economic policies. Drawing from the principles of the Austrian school of economics, Jake views Bitcoin not merely as a digital asset but as a crucial step towards rectifying a failing monetary system. His libertarian views reinforce his stance that just as the church was separated from the state, so too should money be freed from governmental control.

For Jake, Bitcoin represents more than just an investment; it's a peaceful revolution. He envisions a future where Bitcoin fosters a sustainable and responsible financial framework for generations to come. His advocacy is not about opposition but about evolution, about laying the groundwork for a system that prioritizes transparency and equity over secrecy and inequality.

As a journalist, Jake’s articles are crafted with the precision of a scholar and the passion of a true believer. He provides not only news but also thoughtful analysis that connects the dots between daily developments and larger economic theories. His work is a beacon for those lost in the technical jargon often associated with crypto discussions, illuminating the practical implications and benefits of these technologies.

In summary, Jake Simmons is not just reporting on a revolution; he wants to be part of it, fully committed to enhancing public understanding and adoption of Bitcoin and cryptocurrencies. His work is more than just a collection of articles; it’s a resource, a guide, and a companion for anyone ready to explore the potential of this digital frontier. Whether you are taking your first steps into crypto or are a veteran looking to stay on top of the latest trends, Jake’s insights provide clarity and foresight in an often unpredictable industry. Join him on this journey to reshape the world of finance, one post at a time.

You can engage with his latest takes on Twitter: @realJakeSimmons.

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Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
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