3 Apr 2025

Despite Trump-Induced Tariff Chaos, Experts Confident "Bitcoin Will Hit $200,000 This Year"

 

Although Bitcoin (BTC) has seen a downturn following President Donald Trump’s recent "reciprocal tariff" announcement, major institutions remain steadfast in their belief that it could reach $200,000 by the end of 2025. Ryan Rasmussen, Head of Research at Bitwise, stated, "Once this tariff uncertainty fades, the market will pivot back to an uptrend," reaffirming his year-end target of $200,000. Citing factors such as the White House’s Bitcoin reserve announcement, regulatory easing, and inflows from sovereign wealth funds, he argued, “By now, the market should have already hit $150,000.”

Bitcoin recently dropped 5.5% to trade around $82,000, while the tech-heavy Nasdaq plummeted over 5%. However, Rasmussen highlighted that “Bitcoin has outperformed both gold and the S&P 500 recently,” emphasizing its long-term competitiveness. Geoff Kendrick, Head of Digital Assets Research at Standard Chartered, also maintained his forecast, saying, “BTC is still on track to hit $200,000 in 2025.” Similarly, Pantera’s Cosmo Jiang remarked, “Tariffs are a negotiation tool, and the market can rebound at any moment.”

Jess Houlgrave, CEO of Reown, assessed that “Bitcoin’s establishment as a store of value puts it in a far stronger position than other digital assets.” She added that projects with real-world utility and adoption foundations are likely to outperform in the future market.

BitMEX co-founder Arthur Hayes argued, “Bitcoin needs to hold above $76,500 until the U.S. tax filing deadline on April 15 to sustain its upward momentum.” Just a week prior, he had predicted a climb to $110,000, pointing to potential shifts in Federal Reserve liquidity policies.

Despite the tariff-induced turbulence, these experts remain unwavering in their bullish outlook for Bitcoin’s trajectory through 2025.