A leading cryptocurrency company predicted that the price of Bitcoin will rise next year, encouraged by President-elect Donald Trump’s proposal for a US Strategic Bitcoin Reserve.
The company Crypto Blockware Solutions sees that Bitcoin can hit $ 400,000 per coin in a bull run if the proposed BTC area passes or still reaches $ 150,000 in a bearish trend if hope is not seen.
Price Increase in 2025
Blockware Solutions believes that the price of Bitcoin will increase next year from $ 150,000 to $ 400,000, saying that the price of BTC per coin will be shaped by important economic and political factors.
The crypto firm added that the proposed Strategic Bitcoin Reserve, the policies of the Federal Reserve under the Trump administration, and the acquisition of the company will all influence the price of the advanced coin, noting that in any case it will be much higher than today.
The firm predicted that Bitcoin’s current price of $94,981 could rise more than 300% to $400,000 in a bull market or rise 58% to $150,000 in a bear market.
🚨 BREAKING: New report by Blockware Intelligence Research
Last year we predicted that Bitcoin would hit $100,000 this year.
We were right.
Here is our price forecast for 2025:
– Bear: $150,000
– Base: $225,000
– Capital: $400,000Click below to read our full analysis… pic.twitter.com/nEOo26iKrG
— Blockware (@BlockwareTeam) December 27, 2024
Last year, Blockware Solutions said that the first cryptocurrency would hit $100,000 in 2024, and they were right. Once again, the crypto company is making another Bitcoin price hike next year.
The crypto mining company said that BTC will definitely grow in 2025 but whether it will rise evenly or significantly will all depend on how economic and political factors will play out.
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 next year.
In a bearish scenario, the cryptocurrency company said that Bitcoin will increase by 58% to $ 150,000, explaining that this will happen if the incoming managers do not follow through with the Strategic Bitcoin Reserve.
Other factors that contribute to the bearish situation, according to Blockware Solutions, would be if the Federal Reserve could reverse its course on rate reductions and if long-term crypto holders would aggressively sell their coins.
In the base case, Blockware Solutions said that Bitcoin would increase by 137% to about $225,000 per coin, from the current price of $94,989, adding that this scenario could happen if the current US Bitcoin reserves are converted to the Strategic Bitcoin Reserve .
$20 billion in Bitcoin
The US government is among the largest holders of Bitcoin, with limited ownership of more than 200,000 coins worth at least $20 billion.
The crypto firm explained that the Federal Reserve lowering interest rates by the suggested amount and the business acceptance of Bitcoin will continue at the current pace are some of the defining factors of this situation.
Meanwhile, in an optimistic scenario or bull market, Blockware Solutions predicted that the price of BTC will increase smoothly to $400,000, which is a 320% increase from its current market value.
The crypto mining company explained that a critical situation will occur if the US not only accepts the Strategic Bitcoin Reserve but also starts buying more Bitcoins, adding that the Federal Reserve becomes dovish as the CPI decreases and accelerates the acquisition of -BTC in the corporate world will be even worse. pump this condition.
Featured image from TechCrunch, chart from TradingView