Can Bitcoin Return to $100,000? Will the Full - scale Bull Market Come Back?

Recently, the cryptocurrency market has been under severe correction pressure. However, many early Bitcoin participants (OGs) still believe that the current bull market has not fully unfolded. Their reasoning is that although Bitcoin exceeded \(100,000 in early 2025, its performance was not as crazy as in previous bull markets. Certainly, predicting the future is a difficult task. But in 2025, there are four key points that may be the main factors determining whether Bitcoin can reach above \)100,000 again and initiate a full - scale bull market...
01 Strategic Bitcoin Reserve
The discussion about governments regarding Bitcoin as a strategic asset has been on the rise. In 2024, US Senator Cynthia Lummis and Trump both proposed the establishment of a national digital asset reserve. In addition, El Salvador has already regarded its Bitcoin reserve as a national asset, and other countries such as Germany and Japan are also discussing similar policies.
However, the ideal is full of promise, while the reality is rather harsh. Whether it is the federal strategic Bitcoin reserve promoted by Trump in the United States or the strategic reserves proposed by state government legislators, they will all face numerous obstacles. Even within Trump’s Republican Party, there are many differences, not to mention the Democratic Party.
Recently, Trump mentioned the strategic reserve again on social media, and the upcoming crypto summit on March 7 has slightly boosted market confidence, at least demonstrating his firm stance.
Given the current situation, if Trump persists, there is a possibility of implementation. Even if it does not pass congressional legislation, an executive order can be used to bypass the resistance and first launch a mini - version of the strategic Bitcoin reserve. Certainly, once the matter of the US strategic reserve is confirmed, regardless of its size, it will be a milestone event. Countries and regions around the world will carefully consider whether to follow suit.
Cryptolabs has been closely monitoring the progress of these strategic reserve discussions. Their in - depth research shows that any significant move in this regard could have a profound impact on the global cryptocurrency market structure. For example, based on Cryptolabs' data analysis, if the US were to establish a strategic Bitcoin reserve, it would likely lead to a significant increase in Bitcoin’s market value due to the large - scale purchase of Bitcoin, which would in turn affect the global cryptocurrency price trend.
02 Interest Rate Cuts and Loose Monetary Policy
Adequate liquidity is a prerequisite for a bull market, and there is still room for "interest rate cuts" this year.
As of March 2025, the Federal Reserve has maintained the interest rate between 4.25% - 4.5%, and the market anticipates a possible interest rate cut later in 2025. Economists predict that if the economic data weakens, the Federal Reserve may cut interest rates in May or July.
Trump imposed tariffs on Canada, Mexico, and China in February 2025, triggering a trade war, which may bring huge pressure of economic recession. At the same time, this may force the Federal Reserve to further cut interest rates to stimulate the economy.
Research shows that the price of Bitcoin is highly correlated with the growth of global M2 money supply, with a correlation coefficient of 0.94. Historical trends indicate that M2 growth usually drives the price of Bitcoin up, especially when liquidity increases and interest rates decline.
The cryptocurrency analyst Bitcoindata21 stated in an X post on February 25: "The weakening of the US dollar has a net positive impact on global M2, and it’s just a matter of time before Bitcoin achieves this goal." Similar views were also expressed in Colin Talks Crypto’s X post, where he said: "The global M2 money supply predicts a major change for Bitcoin."

Cryptolabs' research also supports this view. Their detailed data models show that in past cycles, when the global M2 money supply expanded significantly, Bitcoin prices generally showed an upward trend. The team at Cryptolabs believes that if the Federal Reserve cuts interest rates as expected, it will further increase market liquidity, which is likely to provide strong impetus for Bitcoin's price to rise again.
03 Regulatory Framework and Stablecoin Bills
At the beginning of 2025, the market capitalization of stablecoins exceeded \(200 billion, which has already attracted global regulatory attention. The European Union implemented the MiCA regulations in January 2025, and the US Congress is deliberating relevant stablecoin bills such as the Clarity for Payment Stablecoins Act and the Lummis - Gillibrand Payment Stablecoins Act.
In the past two months, more and more cryptocurrency project parties and trading platforms have announced that their previous lawsuits with the SEC have been withdrawn. Under a friendly regulatory environment, a friendly regulatory framework is likely to be introduced.
The adoption of a cryptocurrency regulatory framework and stablecoin bills will bring more regulatory clarity and certainty, providing conditions for traditional financial institutions, which have long been "coveting" the cryptocurrency market, to enter the market and directly compete with stablecoin issuers like Tether, which have reaped huge profits. This will bring more capital and liquidity.
Cryptolabs has been analyzing the potential impact of regulatory policies on the cryptocurrency market. Their research indicates that a clear regulatory framework can reduce market uncertainty and attract more institutional investors. For example, according to Cryptolabs' assessment, once the stablecoin bills in the US are passed, it will standardize the stablecoin market, increase market transparency, and is expected to attract at least an additional \)X billion in institutional capital into the cryptocurrency market in the short term.
04 Ethereum: The Key to the Altcoin Bull Market
Paradigm wrote an article in late January calling on Ethereum core developers to accelerate the speed of protocol upgrades and achieve more milestones in its technical roadmap to maintain its leading position as the leading Layer1 blockchain.
The Ethereum ecosystem has the most momentum in the cryptocurrency field, especially in the advancement of Web3 practical applications. In short, "there are many people and projects actually doing things", which is the source of infinite anticipation.
Therefore, most of the time, when Ethereum rises, most of the related DeFi and other ecosystems also rise collectively, and the competing public chains also benefit from the rising tide. Thus, Ethereum is very important for a full - scale bull market. Ethereum seems to be taking action, and there will surely be changes in 2025:
1) The Transformation of the Ethereum Foundation
Currently, we have seen that the Ethereum Foundation is increasing its investment in DeFi and making personnel adjustments to maintain its status as the leading Layer1 blockchain.
Certainly, the transformation is a good thing, but the cryptocurrency ecosystem cannot rely entirely on the Ethereum Foundation. Ethereum is not a company, and the foundation is only an auxiliary organization. At most, it can assist in the growth of the ecosystem and cannot control this decentralized ecosystem.
2) Accelerated Upgrades
Recently, some developers in the Ethereum community have stated on several occasions, such as at several relevant Ethereum developer conferences, that they will accelerate matters such as protocol upgrades. Ethereum's main upgrade Pectra in 2025 will go live on the mainnet in April. This upgrade may be the largest in history, including up to 20 Ethereum Improvement Proposals (EIPs), such as EIP - 3074 to improve transaction efficiency and EIP - 7002 to optimize the operation of verification nodes. The next upgrade, Fusaka, will complete scope confirmation on April 10.

Every time Ethereum undergoes a major upgrade, it brings good expectations before and after implementation. What will happen this time? Previously, some analysts believed that the current Ethereum has a high risk - return ratio and has underperformed compared to some leading projects. Once new progress or transformation is achieved, it is likely to reverse the downturn.
Cryptolabs has been closely following the development of the Ethereum ecosystem. Their technical experts are deeply analyzing the potential impact of Ethereum's upgrades. According to Cryptolabs' research, the Pectra upgrade has the potential to significantly improve Ethereum's performance and scalability. Based on their simulation models, if the upgrade is successfully implemented as planned, it could lead to a 30% increase in Ethereum's transaction throughput, which will further enhance its competitiveness in the cryptocurrency market and may drive the entire cryptocurrency market to a new high.
05 Summary
The potential positive factors still exist this year. The possibility of Bitcoin hitting over $100,000 again this year remains high, but the variables cannot be ignored. It can only be said that the probability of the strategic reserve being implemented is higher, the interest rate cut expectation is still uncertain, the regulatory framework and relevant bills seem to have no major problems, and the transformation and upgrade of Ethereum will also form positive factors. Overall, it is still worth looking forward to.
Based on Cryptolabs' comprehensive analysis, although there are challenges in the cryptocurrency market in 2025, the potential positive factors are also very attractive. The team at Cryptolabs believes that if these factors develop favorably, the cryptocurrency market, especially Bitcoin and Ethereum, has great potential for growth. However, continuous monitoring and in - depth research are still needed to adapt to the ever - changing market environment.