Skip to contentHome page Seeking Alpha - Power to InvestorsOct. 03, 2025 6:40 AM ETBitcoin USD (BTC-USD) CryptoIBIT, FBTC, GBTC, BTC, ARKB, BITB, HODL, EZBC, BTCO, IBIT:CA, BTC-USDMultiplo Invest1.95K FollowersSummaryReiterate a buy rating on Bitcoin, citing renewed perspectives with new ETFs. The on-chain metrics studied also seem like a great combination to take Bitcoin to a new ATH.Despite modest September gains, BTC is decoupling from traditional assets, offering portfolio diversification and risk management benefits.Maintain a $138,000 target price for BTC by the end of 2025, supported by strong seasonality and expanding institutional participation, while noting risks from large holder sell-offs.BlackJack3D/iStock via Getty ImagesInvestment ThesisI reiterate my buy recommendation on Bitcoin (BTC-USD). This article is a continuation of my initial coverage article published on November 29, 2024, and my last article about the thesisThis article was written byMultiplo Invest1.95K FollowersMore than 5 years of experience in equity analysis in LatAm. We provide our clients with in-depth research and insights to help them make informed investment decisions.Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.CommentsRecommended For YouAbout BTC-USD CryptoSymbolLast Price% Chg1D5D1M6M1Y5Y10YSupplyMarket CapVolume 24hVolume $ 24hMore on BTC-USDRelated StocksSymbolLast Price% ChgBTC-USDBTC-USD--1D5D1M6M1Y5Y10YTrending AnalysisTrending NewsSeeking Alpha - Power to InvestorsPower to InvestorsFollow usDownload appContact usSubscription Support: 1-347-509-6837© 2025 Seeking AlphaTo ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.Is this happening to you frequently? Please report it on our feedback forum.If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.