A leading cryptocurrency company predicted that the price of Bitcoin would rise next year, boosted by President-elect Donald Trump’s proposal for a Strategic Bitcoin Reserve in the United States.
Cryptocurrency firm Blockware Solutions sees Bitcoin could reach $400,000 per coin in a bull run if the proposed BTC reserve comes to fruition or even reach $150,000 in a downtrend if the prospect does not materialize.
Price increase in 2025
Blockware Solutions believes the price of Bitcoin would soar next year to between $150,000 and $400,000, and says the price of BTC per coin would be determined by key economic and political factors.
The crypto company added that the proposed Bitcoin Strategic Reserve, Federal Reserve policies under the Trump administration, and corporate adoption would influence the price of the major currency, noting that in any scenario it would be much higher than it is. today.
The company predicted that Bitcoin’s current price of $94,981 could soar more than 300% to $400,000 in a bull market or rise 58% to $150,000 in a bear market.
🚨 BREAKING: New research report from Blockware Intelligence
Last year we predicted that Bitcoin would reach $100,000 this year.
We were right.
Here is our price prediction for 2025:
– Bear: $150,000
– Base: $225,000
– Bull: $400,000Click below to read our full analysis… pic.twitter.com/nEOo26iKrG
– Block (@BlockwareTeam) December 27, 2024
Last year, Blockware Solutions said the first-born cryptocurrency would reach $100,000 in 2024, and they were right. Once again, the crypto company will make another Bitcoin price hike next year.
The crypto mining company said that BTC would definitely rise in 2025, but whether it would rise moderately or dramatically will depend on how economic and political factors will evolve.
Bitcoin price in the red zone in the last 24 hours. Source: Coingecko
Possible scenarios
Blockware Solutions listed three potential scenarios for the price of Bitcoin next year.
In a bearish scenario, the cryptocurrency company said Bitcoin would rise by 58% to $150,000, explaining that this would happen if the incoming administration fails to meet the Bitcoin Strategic Reserve.
Other factors contributing to the bearish condition, according to Blockware Solutions, would be if the Federal Reserve reversed its course of rate cuts and if long-term cryptocurrency holders aggressively sold their coins.
In a base case scenario, Blockware Solutions said Bitcoin would rise 137% to approximately $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 to the Reserve. Bitcoin Strategy.
$20 billion in Bitcoin
The US government is among the largest holders of Bitcoin, with estimated ownership of more than 200,000 coins worth at least $20 billion.
The crypto company explained that the Federal Reserve reducing interest rates to the projected rate and corporate adoption of Bitcoin continuing at the current pace are other factors that define this scenario.
Meanwhile, in the most optimistic scenario or a bull market, Blockware Solutions predicted that the price of BTC would grow exponentially to $400,000, a 320% increase from its current market price.
The crypto mining company explained that a bullish scenario would occur if the United States not only adopted the Bitcoin Strategic Reserve but also started buying more Bitcoins, adding that the Federal Reserve becomes more dovish as the CPI declines and acceleration of BTC adoption in the business world would as well. feed this condition.
Featured image from TechCrunch, chart from TradingView
