A pseudonymous crypto trader known as Stockmoney Lizards has offered a bullish outlook on Bitcoin’s future, predicting a surge to a price range of $200,000 to $260,000 by September to October 2025.
The trader believes that despite Bitcoin’s current “boring sideways movement,” the market is not actually bearish. They explained their optimistic stance in a thread on X, highlighting several key factors driving their forecast. Notably, Stockmoney Lizards pointed to the Federal Reserve’s recent 50 basis points interest rate cut, the first since 2020, as a short-term bullish indicator. This rate cut, intended to stimulate economic growth, could potentially benefit the cryptocurrency market.
Furthermore, the trader expects an “Uptober” – a period of significant price gains in October – based on Bitcoin’s recent bullish signal line crossing on the RSI indicator. They also highlighted the increasing institutional interest in Bitcoin, specifically pointing to the resurgence of ETFs buying Bitcoin after a summer pause, now controlling 4.73% of the current BTC supply.
However, Stockmoney Lizards acknowledged that ongoing geopolitical conflicts, such as the escalating Middle East conflict and the Russia-Ukraine war, pose bearish risks to the markets. Despite these challenges, they remain optimistic about Bitcoin’s future, emphasizing the importance of having a strategic plan during a bull market to avoid making impulsive decisions.
With Bitcoin’s increasing influence as an institutional asset class, the upcoming Benzinga Future of Digital Assets event on November 19 is expected to provide further insights into the future of this cryptocurrency.
