A leading cryptocurrency firm has predicted that the price of Bitcoin will rise next year, with support from President-elect Donald Trump’s proposal US Strategic Bitcoin Reserve.
Cryptocurrency firm Blockware Solutions sees Bitcoin potentially reaching $400,000 per coin in an uptrend if the proposed BTC reserve reaches $150,000 or still reaching $150,000 in a downtrend if the possibility does not materialize.
Prices rise in 2025
Blockware Solutions believes that Bitcoin price Next year it will rise to a range of $150,000 to $400,000, saying that the price of Bitcoin per coin will be shaped by key economic and political factors.
The cryptocurrency company added that the proposal Bitcoin Strategic ReserveFederal Reserve policies under the Trump administration, and corporate adoption, will all impact the price of the token, with the note that in any scenario it will be much higher than it is today.
The company predicted that Bitcoin’s current price of $94,981 could rise more than 300% to $400,000 in a bull market or increase 58% to $150,000 in a bear market.
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Last year we predicted that Bitcoin would reach $100,000 this year.
We were right.
Here are our price predictions for 2025:
– Bear: $150,000
– Base: $225,000
– Taurus: $400,000Click below to read our full analysis… pic.twitter.com/nEOo26iKrG
— Blockware (@BlockwareTeam) December 27, 2024
Last year, Blockware Solutions said the first cryptocurrency would reach $100,000 in 2024, and they were right. Once again, the cryptocurrency company will raise Bitcoin prices again next year.
Bitcoin will definitely rise in 2025, but whether it will rise moderately or significantly will all depend on how economic and political factors develop, the cryptocurrency mining company said.
Bitcoin price in the red zone in the last 24 hours. Source: Coingecko
Possible scenarios
Blockware Solutions has listed three possible scenarios for the price of Bitcoin in the coming year.
In a bearish scenario, the cryptocurrency company said that Bitcoin would rise by 58% to $150,000, explaining that this would happen if the next administration did not pursue the Bitcoin Strategic Reserve.
Other factors contributing to the bearish case, according to Blockware Solutions, would be if Federal Reserve It will reverse course on interest rate cuts and if long-term cryptocurrency holders sell their coins aggressively.
In the base scenario, Blockware Solutions said bitcoin would rise 137% to about $225,000 per coin, from the current price of $94,989, adding that this scenario would be possible if existing US bitcoin holdings were transferred to the Strategic Bitcoin Reserve.
$20 billion in Bitcoin
The US government is among the largest holders of Bitcoin, with ownership of more than 200,000 currencies estimated to be worth at least $20 billion.
The cryptocurrency company explained that the Fed cutting interest rates at the expected rate and corporate adoption of Bitcoin will continue at the current pace, which are other determining factors for this scenario.
Meanwhile, in the most optimistic or bull market scenario, Blockware Solutions predicted that the price of BTC would grow significantly to $400,000, an increase of 320% from the current market price.
The cryptocurrency mining company explained that a bullish scenario would occur if the US not only adopts the Bitcoin Strategic Reserve but also starts buying more Bitcoins, adding that the Fed is becoming more pessimistic as the CPI declines and Bitcoin adoption accelerates in the corporate world as well. Fuel this condition.
Featured image from TechCrunch, chart from TradingView