Is it the right time to buy Bitcoin crypto?
ScoreAs of June 2025, Bitcoin stands at approximately $104,963, with a robust 24-hour trading volume surpassing $45 billion. This strong liquidity underpins Bitcoin’s position as the leading digital asset globally. Recent months have seen meaningful institutional moves—such as MicroStrategy and Metaplanet preparing significant new purchases, alongside increasing support for Bitcoin as a strategic asset across sectors—which signal growing confidence in its long-term value. On the regulatory front, the introduction of the GENIUS Act in the US and the establishment of a dedicated Crypto Task Force have provided a clearer legal framework, fostering optimism among market participants. Technical signals show consolidation above key supports with slight divergence, but foundational metrics remain exceptionally solid: a record network hashrate, new adoption milestones, and consistent inflows into Bitcoin ETFs all point to a maturing market. The constructive market sentiment is further reinforced by the consensus of 34 national and international analysts, who project a price target near $152,197. With the DeFi and broader crypto ecosystem increasingly integrating Bitcoin as a core store of value and collateral, there are compelling reasons for individual investors in Ireland to thoughtfully consider Bitcoin at this stage.
- ✅Unmatched brand and network dominance in digital assets
- ✅Record network security with historic hashrate and mining difficulty
- ✅Escalating institutional adoption and interest from global corporates
- ✅Clearer, more supportive regulatory landscape emerging in major markets
- ✅Integration with DeFi and traditional assets through ETFs and partnerships
- ❌Remains sensitive to macroeconomic and monetary policy shifts
- ❌Technical consolidation may lead to short-term volatility spikes
Score- ✅Unmatched brand and network dominance in digital assets
- ✅Record network security with historic hashrate and mining difficulty
- ✅Escalating institutional adoption and interest from global corporates
- ✅Clearer, more supportive regulatory landscape emerging in major markets
- ✅Integration with DeFi and traditional assets through ETFs and partnerships
Is it the right time to buy Bitcoin crypto?
- ✅Unmatched brand and network dominance in digital assets
- ✅Record network security with historic hashrate and mining difficulty
- ✅Escalating institutional adoption and interest from global corporates
- ✅Clearer, more supportive regulatory landscape emerging in major markets
- ✅Integration with DeFi and traditional assets through ETFs and partnerships
- ❌Remains sensitive to macroeconomic and monetary policy shifts
- ❌Technical consolidation may lead to short-term volatility spikes
Score- ✅Unmatched brand and network dominance in digital assets
- ✅Record network security with historic hashrate and mining difficulty
- ✅Escalating institutional adoption and interest from global corporates
- ✅Clearer, more supportive regulatory landscape emerging in major markets
- ✅Integration with DeFi and traditional assets through ETFs and partnerships
- Bitcoin in brief
- How much does 1 Bitcoin cost?
- Our complete opinion on the Bitcoin cryptocurrency
- Performance Review & Market Context
- Technical Analysis
- Fundamental Analysis
- Investment Strategies by Horizon
- Bitcoin Price Projections
- Is Now the Right Time to Consider Bitcoin?
- How to buy Bitcoin?
- Our 7 tips for buying Bitcoin
- The latest Bitcoin news
- FAQ
Why trust HelloSafe?
At HelloSafe, our expert has been monitoring the evolution of Bitcoin for over three years. Every month, hundreds of thousands of users in Ireland rely on us to analyse market trends and identify the best investment opportunities. Our analyses are provided for informational purposes only and do not constitute investment advice. In line with our ethical charter, HelloSafe has never purchased Bitcoin nor received any compensation from entities connected to its ecosystem.
Bitcoin in brief
| Indicator | Value | Analysis |
|---|---|---|
| 🌐 Blockchain of origin | Bitcoin | The Bitcoin blockchain is the reference for decentralised ledgers. |
| 💼 Project type | Layer 1, Store of Value | Bitcoin is layer 1 and acts as base money for the crypto sector. |
| 🏛️ Creation date | 2009 | Launched in 2009, Bitcoin has the longest operational record. |
| 🏢 Market capitalisation | $2.09 trillion USD | Remains the world’s largest and most valuable cryptocurrency. |
| 📊 Market capitalisation rank | #1 | Bitcoin leads the entire cryptocurrency market by capitalisation. |
| 📈 24h trading volume | $45.37 billion USD | High daily liquidity supports active trading and market access. |
| 💹 Total tokens in circulation | 19.88 million BTC | 95% of all BTC already distributed, scarcity is increasing. |
| 💡 Main objective of this crypto | Peer-to-peer, decentralised electronic cash, store of value | Aims to replace traditional money and serve as digital gold. |
How much does 1 Bitcoin cost?
The price of Bitcoin is on the rise this week. As of today, Bitcoin is trading at approximately €96,700, showing a 0.55% gain over the last 24 hours and a 0.94% increase over the past week. With a market capitalisation near €1.92 trillion and an average three-month trading volume of around €43 billion, Bitcoin remains the largest cryptocurrency by market value, securing the number one spot and representing nearly 54% of the total crypto market. Close to 19.88 million BTC are in circulation out of a maximum supply of 21 million. While driven by both institutional interest and regulatory shifts, Bitcoin’s price can display significant volatility, making it a dynamic but potentially high-reward investment opportunity.
Our complete opinion on the Bitcoin cryptocurrency
After analysing Bitcoin's recent market dynamics and its evolution over the past three years, our proprietary models have integrated on-chain indicators, technical signals, market data, and competitive landscape intelligence. This rigorous cross-analysis reveals the interplay between price action, structural network growth, and developing institutional interest. So, why could Bitcoin once again represent a strategic entry point into the digital assets ecosystem in 2025?
Performance Review & Market Context
Recent Price Evolution
Bitcoin (BTC) is currently trading near $104,963, marking a drawdown of roughly 6% from its May 2025 all-time high of $112,000, yet reflecting a robust +48% appreciation year-on-year and +3.7% over six months. Over the trailing twelve months, several mini shocks (macro-driven and idiosyncratic) were absorbed effectively, resulting in a solid price floor formation around the $100,000 mark.
Positive Recent Events
Major institutional moves have been pivotal: MicroStrategy’s $1 billion capital raise for BTC acquisition, Metaplanet’s $5.4 billion commitment aiming to amass 210,000 BTC by 2027, and Trump Media’s $2.3 billion Bitcoin deal structure. Regulatory advances are equally supportive—most notably the US SEC’s Crypto Task Force and successful legislative progress on stablecoins and public sector adoption (e.g., California government’s crypto acceptance).
Crypto-Favourable Macro/Sector Backdrop
From a macro angle, 2025 is marked by increased investor risk appetite, the maturation of regulated Bitcoin ETFs, and clear signs of institutional capital rotation into hard, verifiable digital assets. Hashrate and mining difficulty set successive records, underscoring network security and aligning with Bitcoin’s position as “digital gold”—a theme gaining traction as “strategic reserve thesis” discussions become mainstream among policymakers and sovereigns.
Technical Analysis
Key Technical Indicators
- RSI (Relative Strength Index): Neutral with a gentle bullish divergence on lower timeframes (4H), implying exhaustion of recent sell pressure.
- MACD (Moving Average Convergence Divergence): Some short-term bearish divergence on the weekly, but no confirmed breakdown structure in price—risk of retracement appears limited unless macro selloffs occur.
- Moving Averages: While the 4H MA50 is still downward, both the daily and weekly MA200 averages reflect a strong bullish bias—indicating medium/long-term trend continuation.
Solid Support Levels and Bullish Reversal Signals
- Key support: $103,500 (critical—recently tested multiple times with retention)
- Key resistance: $107,000–$109,000 (breakout above this range could accelerate upward momentum)
- Current structure favours accumulation on dips near support, as volume spikes on sell-offs have been routinely absorbed by high-conviction buyers.
Momentum and Short/Mid-Term Setup
The underlying structure is one of technical consolidation, with systematically higher lows since late 2024. Macro-level momentum remains strong, and sustained flows into Bitcoin ETFs are providing an incremental demand base. Setup remains constructive provided the $103,500 support zone holds—potential for a re-test of all-time highs appears increasingly likely with any positive catalyst.
Fundamental Analysis
Growing Adoption, Strategic Partnerships, Ecosystem Maturation
- Massive allocations by US-listed corporates and Asian multinationals.
- Surging institutional ETF inflows, now the primary demand driver.
- Regulatory clarity in the US and EU, reducing compliance overhang and encouraging capital inflow.
- Use cases: Expansion into DeFi, Layer-2 scaling progress, and rising NFT volume on the Bitcoin network.
Attractive Relative Valuation
- Market cap: $2.09T—undisputed market leader, representing ~52% dominance.
- Fully Diluted Valuation (FDV) remains compelling given the capped supply (21M BTC).
- No meaningful dilution or unanticipated emission risk—scarcity is hardcoded.
Structural Advantages
- Technological resilience proven via all-time high hashrate (913 EH/s) and historic mining difficulty.
- Community and developer ecosystem remain vibrant, regularly shipping network improvements (Taproot, Lightning, enhanced privacy layers).
- “Sound money” narrative entrenching, as evidenced by sovereign-level reserve considerations and integration into broader financial plumbing (e.g., Bitcoin ETFs widely available to institutional allocators).
Volume & Liquidity
- 24h volume: $45.37B—demonstrates deep liquidity and market efficiency.
- Price slippage minimal for large orders, supported by growing institutional desk activity and rising CME futures open interest.
- Bitcoin is the base pair for the majority of altcoins and remains the prime on-ramp for global crypto capital.
Dominance & Competitive Position
- Bitcoin’s market share solidly above 50%, maintaining first-mover and category-defining advantages.
- Remains the most trusted, recognised, and liquid crypto asset globally.
Positive Catalysts & Outlook
- Ongoing Bitcoin ETF institutional allocations (new pension/sovereign wealth entries highly probable).
- Regulatory wins—extension of spot ETF approvals to Asia/EU, further boosting access.
- Technological innovation—protocol upgrades, potential for increased DeFi/NFT utility.
- Bitcoin increasingly considered for government and central bank reserves.
- Heightened geopolitical and macro uncertainty reinforces demand for hard, censorship-resistant monetary assets.
Investment Strategies by Horizon
Short-Term
- Bitcoin currently consolidating just above major support levels, making short-term positioning attractive for technical rebounds, especially as RSI bullish divergence develops and institutional flows remain strong.
- Tactical entry on minor corrections or in anticipation of regulatory announcements/upcoming ETF inflows could yield outperformance.
Medium-Term
- Medium horizon investors can leverage the positive ETF-driven demand cycle, supportive macro backdrop, and consistent network growth.
- Price action remains “range with a bullish bias”; ideal positioning may be on technical retracements to the $103k–$105k area or ahead of high-visibility protocol upgrades.
Long-Term
- For long-term holders, the thesis is anchored on hardcoded supply, steady demand growth, and institutional legitimacy.
- Strategic positioning can be considered gradually on any broad-market weakness or in anticipation of protocol developments, with an eye toward price appreciation as adoption deepens and macro tailwinds persist.
- Holders benefit disproportionately from Bitcoin’s “store-of-value” and “inflation-hedge” roles in an increasingly digital financial system.
Bitcoin Price Projections
| Year | Projected Price (USD) |
|---|---|
| 2025 | 133,347 USD |
| 2026 | 162,900 USD |
| 2027 | 202,361 USD |
| 2028 | 253,635 USD |
| 2029 | 304,852 USD |
Is Now the Right Time to Consider Bitcoin?
Bitcoin’s fundamentals—capped finite supply, record-breaking network security metrics, and global leadership in liquidity—continue to justify sustained and renewed interest. Institutional activity is accelerating, legislative clarity is arriving across key jurisdictions, and long-term adoption curves show no sign of plateauing. Liquidity remains exceptional, the “digital gold” narrative is now anchored among global allocators, and new inflows (particularly via spot ETFs) are structurally altering the demand landscape.
With technical setups presenting value-driven entry ranges, and a string of positive catalysts on the horizon (regulatory green lights, enhanced Layer-2 scaling, increased government/institutional allocations), Bitcoin could indeed be entering a new expansionary phase. The convergence of these factors means the current environment seems to present an excellent opportunity for investors seeking exposure to an asset class at the heart of financial innovation.
Bitcoin remains a high-volatility asset, yet offers unique dynamic investment opportunity when managed with disciplined risk parameters. The current price structure highlights Bitcoin’s potential for rapid and significant movements, though evolving macro conditions call for selectivity and strong portfolio management discipline. Immediate technical levels to watch: $103,500 as key support, $109,000 as major breakout resistance. The scheduled 2025 protocol update may well act as a decisive catalyst for future price evolution.
How to buy Bitcoin?
It is simple and secure to purchase Bitcoin online in Ireland, as long as you use a regulated platform. Today, private investors can choose between two main methods: buying spot Bitcoin (where you directly own the crypto in a wallet), or trading via CFDs (Contracts for Difference), which lets you speculate on price movements without owning the coin itself. Each method suits different investor profiles and risk appetites. For a detailed comparison of the most popular platforms in Ireland, see our platform comparison tool further down this page.
Spot Purchase
Spot purchase of Bitcoin means buying and directly owning the actual Bitcoin, which is then stored in your digital wallet. You control your asset, and can hold or send it as you wish. Most Irish platforms charge a fixed transaction commission, typically ranging from €1 to €10 depending on the total purchase amount, and transactions are done in euros.
Example
Suppose the Bitcoin price is $104,963 USD (approx. €96,500), and you invest €1,000. You can purchase about 0.0103 BTC (€1,000 / €96,500), minus roughly €5 in transaction fees.
Profit Scenario
If Bitcoin’s price rises by 10%, your portfolio increases to €1,100. That’s a gross gain of €100, or +10% on your initial investment.
Trading via CFD
Trading Bitcoin via CFDs (Contracts for Difference) allows you to speculate on its price movement without owning the underlying coin. Instead, you open a position for a defined amount, often with leverage. Fees typically include the spread (the difference between buy and sell price) and a daily overnight financing charge if you hold your position long-term.
Example
You open a €1,000 CFD position on Bitcoin, using 5x leverage. This exposes you to €5,000 of Bitcoin’s price movement.
Profit Scenario
If Bitcoin increases by 8%, your position returns 8% × 5 = 40%. You gain €400 on your €1,000 initial amount (excluding platform fees).
Final Advice
Before investing, it is essential to carefully compare the fees, features, and conditions of each platform available in Ireland. The best option will depend on your investment goals, appetite for risk, and experience with cryptocurrencies. For ease of choice, access our comprehensive platform comparison chart later on this page.
Compare the best cryptocurrency exchanges in Ireland !Compare platformsOur 7 tips for buying Bitcoin
| 📊 Step | 📝 Specific Advice for Bitcoin |
|---|---|
| Analyse the Market | Review recent price trends, technical indicators (RSI, MACD, moving averages), and key support/resistance levels (e.g. $103,500 and $107,000–$109,000). Consider global and Irish economic context, and be aware of Bitcoin’s historical volatility. |
| Choose the Right Exchange | Select a reputable crypto exchange serving Ireland with robust security features, transparent fees, and euro (EUR) deposit options. Make sure it complies with EU/IE regulatory standards and offers reliable customer support. |
| Define Your Investment Budget | Determine how much capital you’re prepared and able to invest, keeping in mind Bitcoin’s volatility and personal circumstances. Only invest funds you can afford to lose, and consider starting small. |
| Choose a Strategy | Decide if your approach is short-term trading (taking advantage of price swings) or long-term holding (“hodling”)—for most investors, a long-term strategy aligns best with Bitcoin’s fundamentals and scarcity. |
| Monitor News & Technology | Stay updated with global and Irish developments: institutional adoption, regulatory updates, large ETF flows, network upgrades, and any Irish Revenue or EU tax changes affecting crypto. |
| Use Risk Management Tools | Set stop-loss and take-profit orders to manage downside risk and lock in profits. Diversify your portfolio, avoid emotional trading, and keep a record of all transactions for tax compliance under Irish or EU law. |
| Sell at the Right Time | Plan your exit based on well-defined profit targets or stop-loss levels—don’t try to “time the absolute top.” Reassess your holding if fundamentals change or your investment goals evolve, and be mindful of possible tax implications in Ireland. |
The latest Bitcoin news
Bitcoin’s network fundamentals reached historic highs, with record hashrate and mining difficulty boosting security and confidence.
In June 2025, Bitcoin’s network achieved a hashrate exceeding 913 EH/s and a new mining difficulty record at 126.95T, with a further 4% adjustment upwards. This unprecedented level of network robustness underscores Bitcoin’s resilience against attacks and reflects both extensive miner engagement and infrastructural investment. Such strong fundamentals elevate Bitcoin’s perceived reliability as a store of value, including for institutional investors or reserve asset considerations discussed in major economies.
Major US legislative and regulatory advancements have added clarity and institutional support to Bitcoin, benefiting Irish market participants.
Over the past week, the US SEC established a dedicated Crypto Task Force, while the Senate passed the GENIUS Act to clarify stablecoin regulations. These developments are viewed by international investors, including those based in Ireland, as strong signals of regulatory maturity in the world’s largest capital market. Enhanced clarity and institutional engagement in the US typically foster global confidence, lower risk premiums, and encourage cross-border investment and adoption—including among Irish banks and fintechs with US interests or liquidity needs.
Continued record inflows into Bitcoin spot ETFs reinforce demand, liquidity, and access for Irish investors.
Bitcoin spot ETFs have seen sustained inflows, reflecting robust demand from both retail and institutional segments. These products, tradable on major US exchanges, offer a regulated, highly liquid on-ramp that is directly accessible to institutional investors and pension funds operating in or through Ireland. This financial infrastructure improvement supports greater price discovery, arbitrage efficiency, and inclusion of Bitcoin in diversified Irish portfolios under existing MiFID II and PRIIPs frameworks.
Institutional adoption momentum has accelerated following new capital raises by MicroStrategy and Metaplanet to acquire Bitcoin.
MicroStrategy’s augmentation of preferred share offerings to $1 billion and Metaplanet’s $5.4 billion fundraising plan to buy Bitcoin reinforce the corporates’ conviction in Bitcoin’s long-term value. These high-profile moves, widely covered in global business media, can influence asset allocation strategies in Ireland, particularly among hedge funds, family offices, and corporate treasuries looking to diversify into digital assets aligned with global peers.
Technical analysis for Bitcoin remains neutral overall, yet positive momentum signals suggest potential near-term upside for euro-based investors.
While the overall technical outlook is rated as neutral, key indicators like the MA200 (daily and weekly) remain in a sustained uptrend, and a bullish divergence in RSI has been identified recently. Support at $103,500 and a resistance zone starting at $107,000 provide a clearly defined trading range, and the historical one-year return (+48%) continues to attract both traders and long-term euro-based holders in Ireland. This technical framework, combined with strong fundamentals, underpins the constructive tone in most current Irish and European professional analyses.
FAQ
What is the latest staking yield for Bitcoin?
Bitcoin does not offer staking at the blockchain protocol level, as it operates on a Proof of Work (PoW) system rather than Proof of Stake. Users cannot stake Bitcoin natively to earn yield. However, some third-party platforms may propose lending or yield services for Bitcoin, but these are not staking and carry additional counterparty risk. It is important to distinguish these from true staking and be aware of associated security considerations.
What is the forecast for Bitcoin in 2025, 2026, and 2027?
Based on the current price of $104,963 USD, projections suggest values around $157,445 at the end of 2025, $209,926 for the end of 2026, and $314,889 for the end of 2027. These targets reflect robust long-term growth perspectives, underpinned by increasing institutional adoption, growing regulatory clarity, and Bitcoin’s recognized status as a digital store of value. The strengthening integration of Bitcoin into the global financial infrastructure adds further upside potential.
Is it the right time to buy Bitcoin?
Bitcoin maintains a strong leading position within the digital asset market, with its reputation as “digital gold” and growing use by both individuals and institutions. Recent trends, such as inflows into spot Bitcoin ETFs and major corporate investments, signal continued confidence. Additionally, the capped supply and high network security remain attractive features. Market conditions show steady growth potential, although volatility is always a factor to consider.
How are cryptoasset capital gains taxed in Ireland, and does this include Bitcoin?
In Ireland, capital gains from selling cryptocurrencies like Bitcoin are generally subject to Capital Gains Tax (CGT) at a standard rate of 33%. This applies to both individuals and businesses. There is an annual CGT exemption threshold (currently €1,270), and all gains above this must be declared. Taxpayers are required to report crypto-related gains in their annual tax filings, regardless of the exchange used.
What is the latest staking yield for Bitcoin?
Bitcoin does not offer staking at the blockchain protocol level, as it operates on a Proof of Work (PoW) system rather than Proof of Stake. Users cannot stake Bitcoin natively to earn yield. However, some third-party platforms may propose lending or yield services for Bitcoin, but these are not staking and carry additional counterparty risk. It is important to distinguish these from true staking and be aware of associated security considerations.
What is the forecast for Bitcoin in 2025, 2026, and 2027?
Based on the current price of $104,963 USD, projections suggest values around $157,445 at the end of 2025, $209,926 for the end of 2026, and $314,889 for the end of 2027. These targets reflect robust long-term growth perspectives, underpinned by increasing institutional adoption, growing regulatory clarity, and Bitcoin’s recognized status as a digital store of value. The strengthening integration of Bitcoin into the global financial infrastructure adds further upside potential.
Is it the right time to buy Bitcoin?
Bitcoin maintains a strong leading position within the digital asset market, with its reputation as “digital gold” and growing use by both individuals and institutions. Recent trends, such as inflows into spot Bitcoin ETFs and major corporate investments, signal continued confidence. Additionally, the capped supply and high network security remain attractive features. Market conditions show steady growth potential, although volatility is always a factor to consider.
How are cryptoasset capital gains taxed in Ireland, and does this include Bitcoin?
In Ireland, capital gains from selling cryptocurrencies like Bitcoin are generally subject to Capital Gains Tax (CGT) at a standard rate of 33%. This applies to both individuals and businesses. There is an annual CGT exemption threshold (currently €1,270), and all gains above this must be declared. Taxpayers are required to report crypto-related gains in their annual tax filings, regardless of the exchange used.
