Bitget App
Trade smarter
Open
HomepageSign up
Bitget>
News>
Blockware: The price of Bitcoin could potentially quadruple to $400,000 by the year 2025

Blockware: The price of Bitcoin could potentially quadruple to $400,000 by the year 2025

Bitget2024/12/29 04:29
BTC+0.11%

Cryptocurrency mining company Blockware suggests that the price of Bitcoin could potentially quadruple by 2025, or in the worst-case scenario increase by 58%, depending on Donald Trump's strategic Bitcoin reserve plan and Federal Reserve policies. Blockware states that if Trump "does not implement" a strategic Bitcoin reserve plan, then a bear market target of $150,000 is possible. The industry hopes this outcome will occur early in Trump's term.

As a "base case", Blockware's target is $225,000, assuming the US government converts its held Bitcoins into strategic reserves and the Federal Reserve cuts interest rates as scheduled while businesses continue to adopt Bitcoin at "the current rate". Blockware indicates that if these three factors align, a bull market situation with a Bitcoin price of $400,000 is possible.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Trending news

More
1
Pakistan Invites Global Cryptocurrency Companies to Apply for Operating Licenses
2
Caitong Securities: The bull market is not over, maintain a technology + cyclical allocation strategy

Crypto prices

More
Bitcoin
Bitcoin
BTC
$116,162.49
+0.17%
Ethereum
Ethereum
ETH
$4,670.22
-1.20%
XRP
XRP
XRP
$3.09
-2.63%
Tether USDt
Tether USDt
USDT
$1
-0.02%
Solana
Solana
SOL
$247.45
+1.78%
BNB
BNB
BNB
$940.96
+0.85%
USDC
USDC
USDC
$0.9996
-0.01%
Dogecoin
Dogecoin
DOGE
$0.2915
-0.80%
TRON
TRON
TRX
$0.3501
-0.88%
Cardano
Cardano
ADA
$0.9185
-2.58%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now
Trade smarter