According to Cointelegraph on the 24th (local time), TYMIO founder Georgii Verbitsky
Verbitskii predicts that Donald Trump will be the next president on January 20, 2025.
Bitcoin price surges from 100,000 to 12,000 before President-elect Trump takes office.
He added that it is likely to reach $180,000 by the end of 2025.
"There is a chance that the price of Bitcoin could double and reach the $180,000 threshold. This will take time, but we could witness this level around the end of 2025."
"The top of this cycle could reach even higher levels over the next two years," he said. However, Verbitsky called on investors to manage risks, saying:
Diversify your positions, utilize limit orders and consider options trading to avoid the impact of market crashes."
Verbitsky said the April 2024 halving will reduce block rewards, there will be additional halvings in the future, and the loss of private keys will affect the blockchain.
He predicted that there would be a supply shock and Bitcoin would become more volatile. "Every year, fewer Bitcoins are mined, and over time, more forgotten passwords will be mined," he said.
Many bitcoins disappear due to hacking or lost wallets. This creates a supply crisis that leads to demand that significantly exceeds the actual supply. In such a situation, the price rises sharply.
"It's possible that volatility could rise to new highs."
2024/11/25 15:51 KST
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