Alistair Milne, a big name in the crypto world and co-founder of the Altana Digital Currency Fund, recently shared his predictions for Bitcoin in 2025 on X (formerly Twitter). He’s been in the game since 2014, so people listen when he talks.
US Government and Bitcoin
Milne doesn’t think President Trump will buy a ton of Bitcoin for the US government in 2025, like some people have suggested. However, he does think Trump will sign an order to prevent the sale of any seized Bitcoin. This would essentially create a US Bitcoin reserve, and likely cause a global rush to buy Bitcoin (FOMO). The US already holds a significant amount of Bitcoin (around 198,109 according to Arkham data), which Trump has already promised to keep as a national stockpile.
Global Adoption and Corporate Interest
Milne sees other countries jumping on the Bitcoin bandwagon. He expects smaller, quicker-moving nations (beyond El Salvador and Bhutan) and several Middle Eastern countries to start buying or mining Bitcoin and publicly announce their holdings, even before the US. He also predicts at least one more S&P 500 company (besides Tesla and MicroStrategy) will buy Bitcoin in 2025.
Price Predictions and Market Dynamics
Milne’s price predictions are very optimistic. He thinks Bitcoin could hit $200,000-$250,000 even without US government purchases. If the US does start buying, he thinks it could reach $500,000! He believes this is because it’ll become a global competition between nations to acquire Bitcoin, and there just won’t be enough to go around. He expects Bitcoin to peak in the second half of 2025 (October, to be precise), but the bear market afterward will be milder than previous ones due to continued accumulation by governments and corporations.
Other Market Events and Their Impact
Milne also factored in some other major events:
- Bitfinex Hack: He believes Bitfinex will get most of its stolen Bitcoin back, causing a temporary dip as people panic and threaten to sell (but he thinks they won’t, instead slowly converting most of it to LEO over time).
- FTX Collapse: He expects FTX to start returning money to creditors in the first quarter of 2025, and that at least half of that money will be reinvested in Bitcoin.
- MicroStrategy’s Bitcoin Yield: He forecasts MicroStrategy will see a ~30% return on its Bitcoin investment in 2025 before the premium closes.
Ross Ulbricht’s Release
Finally, Milne predicts that President Trump will follow through on his campaign promise to free Ross Ulbricht, the founder of Silk Road.
In short: Milne’s predictions paint a bullish picture for Bitcoin in 2025, driven by increased government and corporate adoption, and significant market events. He’s expecting some wild price swings, but ultimately a very positive outcome for Bitcoin. (Note: BTC was trading at $93,070 at the time of this writing)./p>