Cryptocurrency experts expect Bitcoin to return to above $90,000—approximately 1.85 million CZK—by the end of this year. In the longer term, they predict it will surpass the $100,000 mark, approaching last fall’s record high of over $120,000. Currently, the price is hovering around $75,000. This is according to their statements to ČTK.
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Bitcoin at a crossroads
“If we follow the historical cyclicality of the crypto asset market, there will most likely be a convincing resumption of its growth in late summer or early fall,” said Tomáš Kalabis, an analyst at Wood & Company Blockchain+.
Currently, 79 percent of Polymarket platform users believe that by the end of the year, the price of Bitcoin will exceed $80,000, and 54 percent believe it will exceed $90,000. “That is the price range in which Bitcoin traded at the turn of last year and seems like a reasonable target for the end of this year as well,” added Kalabis. However, he notes that it is also important to realize that, according to the platform, there is a 62 percent probability of a drop to $55,000. He views this, however, as a possible temporary decline.
According to Martin Stránský, director of the Bit.plus exchange, Bitcoin has experienced significant price fluctuations, and the current lower values around $70,000 should be viewed primarily in the context of the previous strong growth. “The market is now reacting primarily to macroeconomic factors, namely interest rate trends, inflation, the strength of the dollar, and investors’ overall appetite for risk. Nevertheless, I expect that by the end of this year, Bitcoin will, in a conservative forecast, approach the $100,000 mark; an optimistic forecast points to matching the record from November 2025, i.e., a value of $120,000,” he noted.
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Bitcoin by year-end: A rise to $100,000, or just market stabilization?
According to Rostislav Plachý of Golden Gate, Bitcoin will definitely surpass $90,000 by the end of the year. “Bitcoin has the potential to strengthen again, but it will depend on whether conditions in the financial markets improve, whether stronger demand from larger investors returns, and whether another wave of uncertainty related to geopolitics or regulation arises,” he added.
Ota Janda, director of Coingarage, expects stabilization and the gradual emergence of a new trend by the end of the year. “Bitcoin has the potential to end the year in the range of $80,000 to $110,000, with the key factors being the development of the global economy and the return of institutional liquidity,” he concluded.
According to a survey by the crypto4me service from Madison Six, cryptocurrencies are still more of an investment tool than an alternative to traditional money for most Czechs. When asked whether they could imagine not using the koruna or the euro in the future and accepting or paying only with cryptocurrencies, 14 percent answered in the affirmative, while nearly 79 percent rejected the idea.
Only 8 percent believe that cryptocurrencies can serve as a hedge against inflation. Over 30 percent of respondents would buy cryptocurrencies to profit from price movements. Thirteen percent would buy them as a store of value.
Source: ČTK
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