James Butterfill, head of research at CoinShares, Bitcoin $96,632.0He said that the price of may experience a large increase in the coming years. Butterfill stated that Bitcoin could reach $250,000, an increase of 166% from its current level. This prediction means that Bitcoin’s market value will reach 25% of gold.
Expectation of $150,000 in 2025
Butterfill stated that he does not expect Bitcoin to reach $250,000 this year. However, he predicted that Bitcoin could fall to $80,000 and rise to $150,000 in 2025. This prediction has the potential to be greater than Bitcoin’s current value.
Butterfill said that the increase in the value of Bitcoin may be linked to economic conditions and trust in technology.
Impact of Policies and Regulations
Butterfill stated that uncertainties regarding Trump’s proposed cryptocurrency policies could lead to significant corrections in the market. He pointed out that if favorable policies for Bitcoin are not implemented during Trump’s presidency, the market may be negatively affected. He also emphasized that Bitcoin’s increase in value by more than 60% this year could be possible thanks to the regulatory environment in the United States.
Butterfill stated that Bitcoin was traded at $93,742 and fell 1.2% in the last 24 hours. Cryptocurrency investors will continue to shape their strategies according to market conditions and regulatory developments.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
