Lookonchain APP

App Store

Analyst: Bitcoin Could Rise to $220,000 by 2025

2025.05.16 16:08:19

On May 16th, as reported by Cointelegraph, cryptocurrency analyst Apsk32 declared that Bitcoin has achieved a new high following gold. This theory is highly favored among bullish investors. Historically, Bitcoin has a tendency to rise after gold has been on an upward trend for several months. With the price of gold surging to a historical high of $3,500 per ounce, the future price trend of Bitcoin has also become more optimistic. Apsk32 mentioned the concept of the "Power Law Corridor," which measures the Bitcoin price in terms of gold ounces to reduce the impact of USD inflation. If Bitcoin's network value (measured in gold) continues to develop along the Power Law Corridor and gold maintains its current price while the Bitcoin price returns to the five-year leading support track, this year's target could reach $444,000. However, this week, Apsk32 believes that a more "reasonable" target price for 2025 is around $220,000. He also stated that if the Bitcoin price exceeds $250,000, it will be considered above the expected range.
Relevant content

Bitcoin briefly fell below $85,000.

According to HTX market data, Bitcoin briefly dipped below $85,000 and is currently trading at $85,126.

3 minutes ago

The yield on the 30-year U.S. Treasury note rose to 5.69%, marking a new high since 2002.

According to market data, the yield on the US 30-year Treasury bond has risen to 5.69%, hitting a new high since 2002.

3 minutes ago

US CFTC Proposes First Formal Cryptocurrency Market Rules

According to The Wall Street Journal, the U.S. Commodity Futures Trading Commission (CFTC) has proposed its first formal cryptocurrency market rules, introducing new CTX and CAM regulations to abandon its "enforcement-only" regulatory approach.

3 minutes ago

A user downloaded a fake crypto wallet from Huawei’s official app store, leading to the theft of 170,000 USDT.

Douyin user Mr. Li Yi posted a video on the social media platform, claiming that on June 10 this year, he downloaded a "fake wallet" from Huawei’s official app store, leading to exposure of his mnemonic phrase and theft of 177,473 USDT. According to his account, the hacker converted the permissions of his wallet address to a multi-signature address, then carried out a second fraud by claiming he could "pay to unlock" the funds. After the victim transferred the money, all USDT in the address was siphoned off by the hacker. Since his video exposed the app’s violations, the app’s downloads on the official store plummeted. The hacker repeatedly organized online trolls to report his video, forcing it to be taken down, and privately attempted to negotiate a "conditional video deletion" agreement. The victim said that after a private investigation, he learned the fraudulent app had set up 5 servers in Hong Kong, paid to be listed on Huawei’s official app store and boosted its ranking, leading many victims to download it as the top search result. Due to relevant bans in mainland China, legitimate wallet apps cannot be properly listed on app stores, so any app that "cannot be officially listed but is indeed present in the store" is likely a counterfeit fraudulent app.

3 minutes ago

Stablecoin Supply Surges $715.8M as Public Companies Add 3,342 BTC

Sept 28–Oct 4, 2026 #LookonchainWeeklyReport ?? Overview Stablecoin supply grew by $715.8M last week, DEX spot volume slipped and perp volume fell, while public companies added 3,342 BTC. ?? Stablecoin Market The total stablecoin market cap increased by $715.8M. ?? Spot &

3 minutes ago

Bitcoin ETFs see $164.22M inflow while Ethereum ETFs suffer $63.56M outflow

Oct 5 Update: #Bitcoin ETFs: 1D NetFlow: +1,918 $BTC(+$164.22M)?? 7D NetFlow: +2,645 $BTC(+$226.41M)?? #Ethereum ETFs: 1D NetFlow: -23,533 $ETH(-$63.56M)?? 7D NetFlow: -52,114 $ETH(-$140.75M)??

3 minutes ago

Popular tokens

BitcoinEthereumHyperliquidSolanaTRONBNBTetherAaveXRPPepeFartcoinOndoJupiterUniswapBonkPendleEthenaArbitrumAvalancheLidoChainlinkPolygonDogecoinCardano