Bitcoin is poised for a potentially strong start to 2025, with predictions suggesting it could reach $120,000 by January, supported by Binance's record stablecoin reserves of $31 billion. Analysts highlight that the cryptocurrency's recent dip to around $94,000 could be reversed by significant market catalysts, including ETF inflows and a wave of short liquidations totaling $1.24 billion. In a broader outlook, some experts forecast Bitcoin could hit $200,000 by the end of 2025, driven by institutional adoption and favorable regulatory conditions under a pro-crypto administration. Ethereum is also expected to perform well, with projections indicating it could reach $8,000 in 2025, as the ETH/BTC ratio is anticipated to rise amid an overall bullish sentiment in the cryptocurrency market.