Twenty One Capital CEO Jack Mallers has forecast that Bitcoin could reach between $150,000 and $200,000 by the end of 2025. He outlined this range and the reasoning behind it during an episode of his YouTube program, The Jack Mallers Show. Mallers ties the potential price move to several macroeconomic developments rather than to a single market indicator.
Bitcoin Price Prediction by Jack Mallers
Mallers frames Bitcoin’s upside as a response to broad economic forces, arguing that its highly tradable nature makes price sensitive to macro uncertainty. The $150,000–$200,000 range represents his end-of-2025 outlook based on how those forces may evolve. He presented this analysis on The Jack Mallers Show, combining market observation with macroeconomic commentary.
Macroeconomic Factors Influencing Bitcoin
Trade policy uncertainty
Mallers highlights prolonged uncertainty around trade policies as a primary concern for markets and a key influence on Bitcoin’s price dynamics. In particular, he points to ongoing tariff-related issues as a source of persistent selling pressure across assets. At the same time, Mallers notes Bitcoin’s global trading footprint may cause it to react differently than local or traditional assets.
Global money supply expansion
Another central element in Mallers’ analysis is the expansion of global money supply, which he says can erode purchasing power of traditional currencies over time. As money supplies grow, Mallers argues some investors may seek alternative stores of value, a dynamic that can support demand for assets with limited supplies like Bitcoin. This channel forms a core part of the rationale behind his price range.
Federal Reserve policy
Mallers also considers potential interest rate cuts by the U.S. Federal Reserve as influential for cryptocurrency markets. He suggests lower policy rates could reduce yields on conventional safe-haven instruments, possibly shifting some demand toward alternative assets. That mechanism, combined with money supply trends, is part of why he sees room for substantial Bitcoin appreciation.
Comparison with Other Bitcoin Forecasts
Mallers’ outlook sits among a variety of market forecasts that use different assumptions and emphasis on drivers. While analysts differ in methods and focus, Mallers’ emphasis on macroeconomic conditions places his projection toward the more optimistic end of publicly discussed scenarios. For readers who want related perspectives on near-term and multi-year forecasts, see the 2026 price forecast and analyses of 2026–2030 factors to compare assumptions and horizons.
Investment Considerations and Risks
- Cryptocurrency investments remain volatile and carry significant risk; price projections are not guarantees.
- Diversification and clearly defined risk limits help manage exposure when targeting high-return scenarios.
- Independent research and, where appropriate, professional advice are important before making sizable allocations.
Historical Context and Market Evolution
Mallers places his forecast within the broader history of Bitcoin prediction cycles, noting the asset’s pattern of large moves and evolving market structure. Over time, institutional participation and regulatory developments have changed how price reacts to economic news, though Mallers prioritizes macro drivers in his framework. He stresses looking at fundamental economic signals in addition to technical indicators when assessing potential price paths.
Why this matters (for a miner in Russia with 1–1000 devices)
For small and mid-sized miners, Mallers’ projection highlights a scenario where Bitcoin’s market value could rise substantially, which would improve revenue in RUB terms if you hold mined BTC. Even if prices do not follow this path, the analysis underscores that macro events can quickly change market conditions, affecting short-term revenue and longer-term decisions about holding versus selling. Understanding these drivers helps plan cash flow, electricity budgeting and hardware investment under changing market regimes.
What to do? (practical steps for miners)
- Review your cash flow needs and set a clear rule for when to sell mined Bitcoin versus when to accumulate; tie those rules to local costs like electricity and taxes.
- Run basic sensitivity checks: calculate how price swings affect profitability at current costs, and prioritize actions that protect operating margins (for example, adjust hashing allocation or pause non-essential rigs).
- Keep monitoring macro signals Mallers mentions—trade policy news, money supply trends and Fed communications—and use them to inform, not dictate, operational choices.
- Maintain diversification: avoid concentrating all capital in a single outcome, and consider consulting a tax or financial professional for larger position changes.
Bottom line
Jack Mallers of Twenty One Capital lays out a bullish range for Bitcoin by year-end 2025 and links that view to trade-policy uncertainty, global money supply expansion and potential Fed rate cuts. Whether or not the market reaches his stated range, the analysis is a reminder that macroeconomic shifts can materially affect miners’ revenues and strategic choices. Miners should turn such forecasts into concrete risk-management actions rather than base decisions solely on price targets.
