WSJ: The prediction of bitcoin rising in 2025 has not materialized

Odaily reported that the bullish predictions for bitcoin in 2025 have not met expectations. By the end of 2025, bitcoin is trading at around $88,000, down about 6% for the year. The performance of major institutional forecasts is as follows: BlackRock CEO Larry Fink stated in January that if major investors all allocate to bitcoin, its price could reach $700,000. Bernstein previously predicted that bitcoin could reach $200,000 by the end of 2025 or early 2026. Standard Chartered had set a year-end target of $200,000; although bitcoin peaked at $126,000 in October, it subsequently retreated, and the bank has since lowered its target to $100,000. Bitwise had repeatedly predicted that bitcoin would surpass $200,000 in 2025. Fundstrat co-founder Tom Lee had forecasted that bitcoin could reach $200,000 to $250,000 this year, but recently revised his statement, saying it might return above $100,000 before the end of December. ARK Investment Management CEO Cathie Wood has lowered her bullish prediction for bitcoin in 2030 from $1.5 million to $1.2 million (WSJ).