Bitcoin (BTC) prices may hit $150k before 2025 is over, Russian crypto industry experts have claimed, with bullish sentiments taking a grip on the markets in Moscow and elsewhere in the world.
The Russian state-run media agency TASS interviewed some of the nation’s leading crypto industry figures in a Bitcoin price forecast piece this weekend.
Yan Pinchuk, the deputy head of exchange operations at the crypto exchange Whitebird, said Bitcoin could “reach levels of between $130,000 and $150,000 by the end of the year.”
BTC Prices May Hit $150k, Says Expert
However, Pinchuk warned that a temporary blip could see the market dip before making a strong comeback.
Miners were more bullish still. These included Anton Gontarev, the Commercial Director at the Bitcoin mining giant Intelion. Gontarev said the nearest target for BTC was “around $120,000-$130,000.”
However, he said that by the end of the year, “we can expect that Bitcoin, after a minor correction, could significantly exceed its previous all-time highs.”
Bitcoin could reach the target zone of $168,000 to $184,000 by December this year, he claimed.
‘All Eyes on the USA’
Pinchuk said that a potential tariffs deadline slated to come into effect in the United States on August 1 “may coincide with the revaluation of overheated stock market assets.” The expert added:
“Given the close correlation of Bitcoin with the tech sector, a stock market correction will likely cause the crypto market to sag temporarily.”
Other experts concurred with Pinchuk, claiming that any further upward price movement would be followed by a lull.
And all the Russian experts agreed that BTC market movements are now closely correlated with economic activity and sentiment in the United States.
Alexander Kraiko, a senior analyst at the crypto broker Cifra Markets, said: “The trigger for recent Bitcoin price rises was the Big Beautiful Bill. It includes tax breaks, business support, and increased deductions. That frees up additional liquidity, some of which goes into cryptocurrencies.”
Other mining chiefs agreed, suggesting further market movements could follow US economic developments. Vasily Girya, the owner and CEO of the industrial mining player GIS Mining, said:
“Right now, all eyes are on a few key areas. The fact that US inflation data is due out on July 15 is important. It is critical to assess the real chances of a quick rate cut from the Federal Reserve.”
Based on the current dynamics and technical situation, Girya said that the next realistic target for Bitcoin would be $135,000. Girya concluded:
“If the current momentum continues, we may well reach $135k by September 1. A pause or a small correction around $118,500 is possible in the short term. But this should not reverse the greater trend.”
Until very recently, bullish Bitcoin price analysis articles with analysis from top Russian industry figures were restricted to the fringes of the domestic media.
However, Moscow’s recent crypto pivot appears to have changed all that. The Kremlin is now seemingly happy to use Bitcoin and altcoins as a payment tool for international trade.
It is also keen for industrial miners to work in parts of the country that have surplus power resources.
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