Bitcoin’s price has experienced an impressive 11% increase this week, marking its best performance in 2025 and the largest seven-day growth since November 2024. On April 25, the cryptocurrency touched $95,000 for the first time since February 24, signaling strong momentum and positive market sentiment.
Power-Law Model and Price Projections
21st Capital co-founder Sina has highlighted Bitcoin’s reclamation of the power-law price, a concept rooted in Metcalfe’s Law, which suggests Bitcoin’s value increases with the number of users. According to Sina’s Bitcoin Quantile Model, reclaiming this price signals that Bitcoin is on track to reach major price targets. The model suggests that BTC could reach $130,000 and potentially $163,000 by the end of 2025, depending on how it performs in the coming months.
Bitcoin is currently in the “Transition” phase, where accumulation occurs. Once it moves into the “Acceleration” zone, BTC is expected to enter a rapid price increase, targeting key price points of $106,000, $130,000, and $163,000.
A Bold $200,000 Prediction for Bitcoin
In a more speculative prediction, anonymous Bitcoin analyst apsk32 has projected that Bitcoin could soar to $200,000 in 2025. This forecast is based on Bitcoin’s power curve time contours, which examine the cryptocurrency’s price movements across four-year cycles (2013, 2017, 2021, and 2025). The analyst expects Bitcoin to perform exceptionally well in the latter half of 2025, with Q3 and Q4 showing significant gains. The analyst stated:
“Looking at two-year segments centered today, 4, 8, and 12 years ago. Price scaling performed using the power curve trendline. Expecting $200,000+ Bitcoin in Q4. Gold suggests we could go significantly higher.”
Gold and Bitcoin: A Shifting Dynamic
Bitcoin and gold have both reached new highs since the start of 2024, with each asset outperforming the other during specific time periods. From March to August 2024, both assets saw impressive growth, but by Q3, gold led the rally. In Q4, Bitcoin regained momentum and outpaced gold until March 2025, when gold once again took the lead.
Bitcoin’s price has increased by 11% since reaching new highs, while gold has fallen by 6%. Historically, Bitcoin tends to follow gold’s price direction with a lag of 100-150 days, suggesting that Bitcoin might soon overtake gold once again.
DXY Decline Could Spark Bitcoin Rally
The US Dollar Index (DXY) recently dropped to a three-year low on April 21, which has sparked speculation about a potential rally in Bitcoin. Historically, Bitcoin has responded positively to a declining DXY, with analysts pointing out that the current bearish divergence for the DXY could signal a Bitcoin bull run. As crypto analyst ‘Venture Founder’ remarked:
“Traditionally, DXY going down is very bullish for $BTC, we now have a massive bearish divergence for DXY, which may suggest it goes to 90. The last 2 times this happened triggered a Bitcoin parabolic bull run in the final phase of the bull market (lasting 12 months).”