Cryptocurrency

Bitcoin

Impact

James

<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/renowned-expert-predicts-bitcoins-path-to-250000/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Renowned Expert Predicts Bitcoin’s Path to $250,000</a><br></p>
<p style="text-align: justify">James Butterfill, head of research at CoinShares, predicts a significant price surge for Bitcoin in the coming years. He estimates that Bitcoin could reach $250,000, reflecting a 166% increase from its current level. This projection suggests that Bitcoin’s market cap may reach 25% of that of gold.</p>
<h2 style="text-align: justify" id="expectations-for-150-000-by-2025">Expectations for $150,000 by 2025</h2>
<p style="text-align: justify">Butterfill does not anticipate Bitcoin hitting $250,000 within this year. However, he forecasts that by 2025, Bitcoin might drop to around $80,000 before climbing back up to $150,000. This prediction indicates a greater potential upside than its current valuation.</p>
<p style="text-align: justify">According to Butterfill, the increase in Bitcoin’s value could be linked to economic conditions and public confidence in technology.</p>
<h2 style="text-align: justify" id="impact-of-policy-and-regulations">Impact of Policy and Regulations</h2>
<p style="text-align: justify">Butterfill pointed out that uncertainties regarding <a href="https://en.coin-turk.com/the-end-of-fud-brings-hope-for-a-crypto-bull-run/" data-wpel-link="internal" rel="noopener noreferrer nofollow">cryptocurrency</a> policies proposed by Trump could lead to significant market corrections. He emphasized that adverse market effects could arise if favorable policies for Bitcoin are not implemented during Trump’s presidency. Furthermore, he highlighted that Bitcoin’s recent over 60% value increase this year could be attributed to the regulatory environment in the U.S.</p>
<p style="text-align: justify">Currently, Butterfill reports that Bitcoin is trading at $93,742, experiencing a 1.2% decline in the last 24 hours. Cryptocurrency investors will continue to adapt their strategies based on market conditions and regulatory developments.</p>
<p>The post <a href="https://en.coin-turk.com/renowned-expert-predicts-bitcoins-path-to-250000/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Renowned Expert Predicts Bitcoin’s Path to $250,000</a> appeared first on <a href="https://en.coin-turk.com" data-wpel-link="internal" rel="noopener noreferrer nofollow">COINTURK NEWS</a>.</p>

Renowned Expert Predicts Bitcoin’s Path to $250,000

Table of Contents

COINTURK NEWS

Other articles published on Jan 2, 2025

Decentralized Science Awareness Surges by 2640%: A Shift in Web3 Focus

MEXC Unveils 300x Leverage on Futures Pairs, Unlocking More Opportunities For Investors

SEC Lawsuit Sparks John Deaton’s Crusade for XRP Justice

Garanti BBVA Launches MiCA-Compliant Crypto Services With Bit2Me

Steno Research Highlights Key Crypto Trends for 2025

Destra crypto soars above 30% as DSYNC trading becomes tax free

Join our free newsletter for daily crypto updates!