21Shares: Bitcoin is expected to rise to $138,500 by the end of the year, with macro resilience and on-chain data supporting rising expectations

Odaily News 21Shares' latest analysis says that combining historical trends with current market signals, Bitcoin is expected to reach $138,555 by the end of 2025. The report points out that the world's largest cryptocurrency is gaining strength from macroeconomic uncertainty and on-chain momentum.
The report said that the current market cycle is similar to that in 2021. Bitcoin's recent price has shown resilience rather than panic.
21Shares pointed out that market-level crashes such as the collapse of Silicon Valley Bank no longer trigger panic selling. On the contrary, such shocks have further strengthened Bitcoin's role as a hedge against risks in the traditional financial system. (CoinDesk)