Tiger Research Forecast: Bitcoin (BTC) Price to Reach $190,000 This Quarter
Tiger Research predicts that Bitcoin (BTC) could rise to $190,000 by Q3 this year, representing a potential 67% gain
However, the market is still subject to short-term corrections as on-chain indicators point to overheating. Investors should be cautious.
Key Factors for Bitcoin Forecast
In its latest report, Tiger Research predicts that Bitcoin could reach $190,000 in the third quarter of 2025, which is about 67% higher than its current level.
The report identifies three key catalysts for this forecast:
- rapid increase in institutional capital;
- unprecedented global liquidity;
- adding bitcoin to 401(k) retirement accounts in the US.
These changes show that the Bitcoin market is increasingly focused on institutional investors. Tiger Research noted:
“This momentum is supported by the purchasing power of institutional investors, which exceeds that of retail investors.”
M2 money supply in major economies hits record highs. Source: Tiger Research
The 401(k) pipeline could be a major driver of change. The vast U.S. pension funds, even with small investments in Bitcoin, could create significant long-term demand.
Tiger Research's assessment is based on the TVM (time value of money) model, supplemented by on-chain metrics and macroeconomic conditions. The report states:
“Our model suggests a fair value of $190,000 by Q3 if current liquidity and adoption trends continue.”
Risks and short-term corrections of BTC
Tiger Research warns of possible short-term correction despite optimistic outlook. BeInCrypto reports that Bitcoin price is moving towards the $100,000-$107,000 support zone amid massive liquidations.
Metrics like MVRV-Z are approaching overbought zones, which could indicate possible pullbacks before Bitcoin continues to rally. Based on the MVRV-Z indicator, user X noted:
“We haven't reached the danger zone yet. People aren't making as much profit as they were at previous peaks. That means we have room to grow.”
MVRV-Z Chart for Bitcoin. Source: Tiger Research
Bitcoin’s trajectory remains dependent on global macroeconomic conditions. Interest rate policy, geopolitical uncertainty, and changes in liquidity could impact its price. Tiger Research’s Q3 2025 forecast suggests an optimistic scenario in which the largest cryptocurrency could reach $190,000.
The report also reminds investors of the importance of risk management in a volatile market environment. Reaching this milestone will depend on institutional investment, global liquidity and unpredictable macroeconomic factors.
Source: cryptonews.net
