WSJ: The optimistic prediction of Bitcoin's rise in 2025 has not materialized

Odaily Planet Daily reports that the 2025 Bitcoin bullish forecast has not met expectations. As of the end of 2025, the trading price of Bitcoin is approximately $88,000, down about 6% for the year. The main institutional forecasts are as follows: BlackRock CEO Larry Fink stated in January that if major investors allocate to Bitcoin, its price could reach $700,000. Bernstein predicted that Bitcoin would reach $200,000 by the end of 2025 or early 2026. Standard Chartered set a year-end target of $200,000; although Bitcoin hit a peak of $126,000 in October, it subsequently retreated, and the bank has lowered its target to $100,000. Bitwise has repeatedly forecasted that Bitcoin will break through $200,000 in 2025. Fundstrat co-founder Tom Lee initially predicted Bitcoin could reach $200,000 to $250,000 this year, but recently revised this to possibly surpass $100,000 again before the end of December. ARK Investment Management CEO Cathie Wood has lowered her 2030 bullish forecast for Bitcoin from $1.5 million to $1.2 million (WSJ).