Bitcoin at 2x? Some analysts still bet on an extended rally beyond 2025.

Bitcoin maintains its bullish momentum in 2025, as market analysts highlight the confidence of holders and institutions, even projecting a possible 2x increase in its price.

The price of Bitcoin surpassed $126.000 in October, and although it has corrected slightly and is currently trading around $120.000, analysts remain optimistic. They believe that, far from being exhausted, the debate surrounding its growth potential remains open. 

While some experts warn about the inherent volatility of the crypto market, others argue that the leading cryptocurrency still has room to double its value and even go further. The narrative emerging from the crypto community points to a phenomenon that combines the conviction of long-term investors with the sustained inflow of institutional capital.

The silent strength of Bitcoin holders

One of the most notable factors for market analysts, such as those at CryptoQuant, is the growing patience of holdersUnlike previous cycles, where massive BTC sell-offs after reaching all-time highs triggered abrupt corrections, today's behavior is different. More and more investors are holding their positions for long periods, reflecting a structural confidence in Bitcoin's future appreciation.

In a analysis In a recent report published last week, these analysts highlighted that Bitcoin holders are increasingly focused on holding their BTC for 18 months to 2 years. 

For experts, this change in mentality is partly explained by the experience accumulated in previous bear markets. Those who resisted the declines of 2022 and 2023 are now not rushing to sell, but rather interpret volatility as a natural part of the cycle. The narrative of Bitcoin as a digital store of value has taken off strongly, and liquid supply data shows that a significant portion of coins remains immobile in long-term portfolios.

The approval of spot Bitcoin ETFs in the United States in 2024 reinforced this trend. The possibility of accessing the asset through regulated vehicles attracted large funds and, at the same time, legitimized the vision of those who already considered it a strategic asset. According to experts, the combination of lower circulating supply and greater institutional demand is one of the drivers behind Bitcoin's current rally. 

Experts predict that Bitcoin could double its price.

CryptoQuant's analysis agrees with others that Bitcoin still has room to grow. The platform highlights that key market trends suggest a scenario in which the cryptocurrency could double its price in the next cycle. This projection is based on three pillars: market resilience in the face of corrections, the constant inflow of institutional capital or with a regulatory environment which, far from slowing adoption, is beginning to offer greater clarity.

In September of this year, Bitcoin ETFs saw significant inflows, reaching $3.500 billion. So far in October, the capital flow attracted by these funds has already exceeded $4.800 billion, with BlackRock surpassing $80.000 billion in assets under management linked to the cryptocurrency. These figures not only reflect the interest of major financial players but also consolidate Bitcoin as an increasingly present asset in diversified portfolios.

At the regulatory level, the United States and its regulatory agencies have made several moves that are interpreted as an incentive for corporate adoption, reinforcing the idea that Bitcoin is not only a speculative asset, but also a wealth management tool and a hedge against inflation and political uncertainty.

Analysts maintain that if these conditions persist, Bitcoin could reach a new price range that doubles its current value. While this isn't a guaranteed prediction, the expectation of a 2x increase reflects confidence that supply and demand dynamics will continue to favor the cryptocurrency.

Conviction and institutional capital redefine the value of Bitcoin

The picture painted by experts is one of a market in transition. Bitcoin no longer relies solely on retail enthusiasm or short-term narratives, but is sustained by a broader foundation: the conviction of holders and the influx of institutional capital. This combination creates a virtuous cycle in which the reduction in available supply and growing demand reinforce the perception of scarcity and value.

However, the path is not without risks. Volatility remains an inherent characteristic of the cryptocurrency market, and macroeconomic factors such as interest rates or global political stability can influence investor behavior. Still, the prevailing narrative in 2025 is that Bitcoin has reached a level of maturity that positions it as a global asset with long-term prospects.

The possibility of its price doubling again is now perceived as a natural consequence of current fundamentals. Holders' patience, institutional confidence, and a more defined regulatory framework shape an ecosystem in which Bitcoin is consolidating its position as a central player in global finance.