Analysts at Singapore-based blockchain firm Matrixport believe that Bitcoin's bull market could extend beyond 2025 and break from its usual cycle of steep corrections. They attribute this potential change to institutional involvement and more transparent regulations, which have brought in more institutional investors who hold Bitcoin for longer durations. The approval of a spot Bitcoin exchange-traded fund in 2024 is seen as a significant factor contributing to the prolonged bull market. While a correction might be on the way, the analysts suggest that Bitcoin could maintain its current levels and decouple from global liquidity dynamics. Based on historical price patterns, the analysts estimate potential upside targets for Bitcoin at $157,000 or even as high as $315,000, although the timing of these targets is uncertain.



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