Bitcoin appears poised for further growth, with 67% of institutional investors expecting its price to rise over the next three to six months. This comes from the latest Coinbase Institutional survey, which shows that confidence in the leading cryptocurrency remains strong despite recent market volatility.
According to the research report Navigating Uncertainty, most respondents view bitcoin as a promising investment even amid economic uncertainty. “Most respondents remain positive toward Bitcoin,” said David Duong, Head of Research at Coinbase Institutional.
However, opinions differ on the current stage of the market – 45% of institutional investors believe cryptocurrencies are already in a late growth phase, while only 27% of retail investors agree. This suggests that professionals are more cautious but still expect the market to strengthen further.
The year 2025 shows that companies managing crypto reserves play an increasingly significant role in the market. “The influence of these companies on supply and demand is hard to overstate,” Duong wrote.
For example, BitMine, led by investor Tom Lee, took advantage of a drop in ether prices to purchase over 379,000 ETH worth about $1.5 billion.
Michael Saylor, CEO of MicroStrategy, also hinted that his company could buy more bitcoins – it currently holds the cryptocurrency worth over $69 billion. Despite stock market corrections, their crypto reserves remain unchanged, confirming long-term confidence in the market.
According to Coinbase, the current crypto rally still has room to run, although analysts urge caution following the sharp decline on October 10. Further market strength could be supported by favorable macroeconomic factors – especially the expected interest rate cuts by the U.S. Federal Reserve and the large amount of capital still sitting on the sidelines. “Current conditions are exceptionally favorable for Bitcoin,” Coinbase stated, while recommending more caution with smaller cryptocurrencies (altcoins).
Sources:
https://cointelegraph.com/news/tom-lee-is-still-buying-eth-despite-saying-dat-bubble-has-burst