A leading cryptocurrency firm forecasted that Bitcoin price would surge next year, fueled by President-elect Donald Trump’s proposal for a US Strategic Bitcoin Reserve.
Crypto company Blockware Solutions sees that Bitcoin could hit $400,000 per coin in a bull run if the proposed BTC reserve pushes through or still reach $150,000 in a bearish trend if the prospect does not materialize.
Price Surge In 2025
Blockware Solutions believes that the price of Bitcoin would soar next year ranging from $150,000 to $400,000, saying the BTC’s price per coin would be shaped by key economic and political factors.
The crypto firm added that the proposed Strategic Bitcoin Reserve, Federal Reserve policies under the Trump administration, and corporate adoption would all influence the price of the top coin, noting that in any scenario it would be a lot higher than it is today.
The company predicted that the current Bitcoin price of $94,981 could skyrocket by more than 300% to $400,000 in a bull market or increase by 58% to $150,000 in a bear market.
BREAKING: New Blockware Intelligence Research Report
Last year we predicted that Bitcoin would hit $100,000 this year.
We were right.
Here’s our price prediction for 2025:
– Bear: $150,000 – Base: $225,000 – Bull: $400,000
Click below to read our full analysis… pic.twitter.com/nEOo26iKrG
— Blockware (@BlockwareTeam) December 27, 2024
Last year, Blockware Solutions said that the firstborn cryptocurrency would hit $100,000 in 2024, and they were right. Once again, the crypto firm is making another Bitcoin price hike next year.
The crypto mining firm said that BTC would definitely increase in 2025 but whether it would rise moderately or dramatically will all depend on how economic and political factors will evolve.
Possible Scenarios
Blockware Solutions listed three potential scenarios for the price of Bitcoin next year.
In a bearish scenario, the cryptocurrency firm said that Bitcoin would increase by 58% to $150,000, explaining that this would happen if the incoming administration does not follow through with the Strategic Bitcoin Reserve.
Other factors contributing to the bearish condition, according to Blockware Solutions, would be if the Federal Reserve would reverse its course on rate cuts and if long-term crypto holders would aggressively sell their coins.
In a base scenario, Blockware Solutions said Bitcoin would rise by 137% to about $225,000 per coin, from the current price of $94,989, adding that this scenario will be possible if current US Bitcoin holdings are converted into the Strategic Bitcoin Reserve.
$20 Billion In BitcoinThe US government is among the largest holders of Bitcoin, with an estimated ownership of over 200,000 coins worth at least $20 billion.
The crypto firm explained that the Federal Reserve lowering interest rates at the projected rate and corporate adoption of Bitcoin would continue at the current pace are other defining factors for this scenario.
Meanwhile, in the most optimistic scenario or a bull market, Blockware Solutions predicted that BTC’s price would grow exponentially to $400,000, a 320% surge from its current market price.
The crypto mining company explained that a bullish scenario would happen if the US not only adopted the Strategic Bitcoin Reserve but also started buying more Bitcoins, adding that the Federal Reserve becomes more dovish as CPI declines and acceleration of BTC adoption in the corporate world would also fuel this condition.
Featured image from TechCrunch, chart from TradingView
You can get bonuses upto $100 FREE BONUS when you:
💰 Install these recommended apps:
💲 SocialGood - 100% Crypto Back on Everyday Shopping
💲 xPortal - The DeFi For The Next Billion
💲 CryptoTab Browser - Lightweight, fast, and ready to mine!
💰 Register on these recommended exchanges:
🟡 Binance🟡 Bitfinex🟡 Bitmart🟡 Bittrex🟡 Bitget
🟡 CoinEx🟡 Crypto.com🟡 Gate.io🟡 Huobi🟡 Kucoin.
Comments