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Bitcoin Price Can Surge to $150K by 2025 Year End- Michael Saylor
Michael Saylor, the co-founder of Strategy, the largest Bitcoin treasury company by holdings, predicts that the Bitcoin price will reach $150,000 by the end of 2025.
At the Money 20/20 conference in Las Vegas on Monday, Saylor told CNBC, “I believe that these 12 months have probably been the best 12 months in the industry's history.”
Bitcoin Price to $150K by Year End- Michael Saylor
Saylor gave several reasons to stay optimistic, including the US Treasury Secretary Scott Bessent's support for stablecoins to preserve dollar dominance, the Securities and Exchange Commission's (SEC) adoption of tokenized securities, and the US regulatory shift in general. He stated:
“The consensus among the equity analysts covering our company and the Bitcoin Price and industry is that it should be around $150,000 by the end of the year.”
The Bitcoin Price prediction is made amid a market meltdown caused by US President Donald Trump's announcement of 100% more tariffs on China, which alarmed investors about macroeconomic instability.
Investors Anticipate Market Recovery Due to Favorable Trade News
The long-term trend of increased cryptocurrency prices was unaffected by the historic market meltdown in October, according to analysts at The Kobeissi Letter, who also expressed confidence that a trade agreement between the United States and China will be reached.
Officials from both nations moderated their tone in the following weeks, indicating a desire to reach a deal and reduce trade tensions. Following the escalation that precipitated a record crypto market crash in October, US President Trump indicated that trade tensions are beginning to ease.
Trump changed his mind and said he would meet with Chinese President Xi Jinping on Friday at the Asia-Pacific Economic Cooperation (APEC) summit in Seoul, South Korea.
Analysts, investors, and executives in the cryptocurrency sector praised Bessent's revelation on Sunday that the US and China had achieved a “substantial” trade deal framework.
Asset prices will soar if the Fed lowers interest rates and the US-China trade deal is announced this week. “Hold on tight,” advised Anthony Pompliano, an analyst and investor.