Could Bitcoin Climb to $210,000 by 2025? Insights from Presto’s Peter Chung

Bitcoin may be on the brink of its next major surge. In a recent CNBC interview, Peter Chung, Head of Research at quant trading firm Presto, doubled down on his forecast that BTC could reach $210,000 before the close of 2025. He pins this outlook on accelerating institutional demand and an ever-expanding pool of global liquidity.

A Foundation Built on “Healthy” Corrections

Chung acknowledged that this year’s macro landscape has been choppier than anticipated. Yet he described the recent price pullbacks not as setbacks but as necessary “reset” phases that strengthen Bitcoin’s long-term case. By flushing out speculative traders, these dips pave the way for more durable valuation and mainstream acceptance.

Bitcoin’s Two Faces: Risk Asset & Safe Haven

According to Chung, Bitcoin often behaves as a high-beta, risk-on instrument—driven by network growth and adoption momentum. But during episodes of financial instability (think the 2022 Russia-Ukraine conflict or the 2023 SVB collapse), it morphs into a digital equivalent of gold, offering sanctuary to wary investors. He argues that while BTC has lagged behind gold in past stress events, it stands poised to close that gap and potentially surpass traditional safe havens by year-end.

Institutions in the Driver’s Seat

Backing up Chung’s thesis, Bitwise CEO Hunter Horsley highlights that Bitcoin’s run toward $94,000 unfolded with remarkably low retail involvement—Google searches for “Bitcoin” remain subdued even as prices soar. In contrast, corporate treasuries, financial advisors, wealth managers and even sovereign entities are lifting BTC higher. Data from BitcoinTreasuries.net shows these corporate coffers now hold nearly $65 billion in Bitcoin, underscoring the deepening institutional footprint.

The Case for Further Upside

Adding fuel to the fire, analysts at Standard Chartered and Intellectia AI estimate that inflows from spot Bitcoin ETFs and macro-hedge mandates could more than double BTC’s price within months. If this thesis plays out, Bitcoin wouldn’t just reclaim lost ground—it could rewrite its own history of gains.

What This Means for You

While no crystal ball can guarantee outcomes, the convergence of institutional adoption, liquidity tailwinds and periodic “healthy” corrections paints an optimistic picture for Bitcoin’s trajectory in 2025. Whether you view BTC as a high-growth play or digital insurance against market turbulence, Chung’s $210K target certainly provides food for thought as the year unfolds.

Disclaimer: This blog is for informational purposes only and does not constitute financial advice. Always conduct your own research before making investment decisions.