Bitcoin Could Hit $150K Before Year-End as Institutional Demand Surges, Says Charles Edwards

     

Bitcoin’s Breakout Above $120K Signals Strong Upside Momentum

Bitcoin (BTC) could rally to $150,000 before the end of 2025, fueled by growing institutional demand and a renewed appetite for safe-haven assets like gold, according to Charles Edwards, founder of hedge fund Capriole Investments.

Speaking at Token2049 in Singapore, Edwards told that Bitcoin’s climb above the key $120,000 psychological level may trigger a rapid breakout to new all-time highs.

“I wouldn’t be surprised if we went up to $150,000 in a pretty short time, like we have to break out of the $120,000 range. But that’s probably coming, potentially in the next days,” Edwards said.

Bitcoin has gained more than 6% in the past week, reclaiming levels not seen since mid-August, with prices now hovering above $118,500.

Institutional Adoption Could Accelerate Bitcoin Growth

While Edwards maintains a relatively cautious outlook compared to other analysts, he highlighted that institutional demand remains the main driver of the next leg higher.

André Dragosch, head of European research at Bitwise Asset Management, suggested that crypto’s inclusion in U.S. 401(k) retirement plans could unlock up to $122 billion in capital flows. Even a 1% allocation by retirement fund managers could push Bitcoin above $200,000 before year-end, Dragosch noted.

Four-Year Cycle Theory Still Relevant

Edwards also believes the well-known four-year Bitcoin market cycle is still intact and may be “self-fulfilling” as investors align with historical patterns. He estimates a just over 50% chance that Bitcoin and the wider crypto market will see three consecutive months of gains to close out 2025.

Historically, Bitcoin has posted strong Q4 performance, averaging 20% returns in October, 46% in November, and 4% in December, according to CoinGlass data.

Technical Patterns Point to Higher Targets

Market analysts are also watching for a golden cross formation, a technical signal where the 50-day moving average crosses above the 200-day moving average. Such a setup has previously preceded major rallies and could set the stage for Bitcoin to test $150,000 in the fourth quarter.

With institutional adoption, macroeconomic uncertainty, and technical indicators aligning, Bitcoin may be preparing for one of its strongest finishes to a year yet.