The Big Bitcoin Price Predictions since Trump's Election

Donald Trump was nominated for president in November, creating a frenzy of bitcoin price predictions, ranging from a modest $130,000 to an unbelievable $49 million per coin. Top Minds Predict Bitcoin Price Trajectory The event of the black swan is a rare and unpredictable event, but its impact is extremely profound and far-reaching. The election of a US president who supports bitcoin - someone who just three years ago called this dominant cryptocurrency a 'scam' - will be included in the black swan category. In addition, there was the approval of the historic bitcoin exchange-traded fund (ETF) in January and the halving event in April, resulting in a perfect storm that created one of the strongest cryptocurrency markets, with bitcoin (BTC) reaching a peak of $108,135 on December 17th, according to data from Coingecko. The resounding victory of Donald Trump on November 5th alone has sparked all kinds of predictions about the price of bitcoin (BTC) for various reasons, leading to price forecasts ranging from as low as $130,000 per bitcoin by 2025 to $49 million per bitcoin by 2045. Pragmatists Bitcoin peaked at around $44,000 in 2023 before soaring to over $108,000 earlier this month - a 145% price increase. If in 2025 it generates similar profits, we should expect a price of about $265,000. Therefore, predictions below that standard can be considered more cautious estimates. Bitwise: Bitwise, a digital asset management company, predicts that BTC will trade "above $200,000" in 2025 and four years later in 2029, it "will surpass the $18 trillion gold market and trade above $1 million per bitcoin". However, the company has issued a warning that the predicted figure for 2025 could exceed half a million. Bitwise declares: "If the US government implements the proposal to establish a strategic reserve fund of one million bitcoins, then $200,000 will become $500,000 or more". The company explains that the record-breaking ETF capital inflows, the bitcoin halving event (which reduces the supply), and increased demand from institutions and governments are the main factors behind the company's prediction. Vaneck: Asset manager Vaneck has made a more modest forecast, limiting estimates to $180,000 in the first quarter of 2025, along with a decrease of $54,000 afterwards. "At the peak of the cycle, we predict the price of bitcoin will reach around $180,000," the company said. "After this first peak, we predict BTC will retreat by 30%," the company added. Like Bitwise, Matthew Sigel, head of Vaneck's digital asset research department, pointed out that his team has a combined model of a strategic bitcoin reserve scenario and therefore generates a much higher price - $3 million by 2050. “We have a hypothetical model that by 2050… bitcoin will become a reserve asset used in global trade and held by global central banks with a very modest proportion of 2%,” Sigel said. “In that model, we set a price target of $3 million for bitcoin”. Bernstein: Gautam Chhugani, a senior analyst at brokerage firm Bernstein, predicted the price of bitcoin to be $200,000 in June and doubled that forecast in November. "We are entering a phase where we expect curiosity to turn into pain for those shorting bitcoin," Chhugani and his team wrote in a note to clients. "Bitcoin at $100,000 seems very close and our $200,000 bitcoin target [by the end of] 2025 is no longer a dream," the team noted. Peter Brandt: In February, renowned chart trader Peter Brandt, who has over 750,000 followers on account X, predicted that the price of bitcoin would reach $200,000 in August or September 2025. Brandt mainly relies on charts and technical analysis to make predictions – market data research to identify trends and patterns. After the US presidential election, Brandt lowered his estimated range to 'from $130,000 to $150,000' for the period from August to September 2025, but also expected the price of Bitcoin to reach $125,000 on January 1, 2025. Brandt posted on Twitter: "Based on the developments from January to March 2024, with Bayesian 'time/price' probability 'in advance', the price could reach $125,000 in the new year". In other words, he relied on the previous price increase of bitcoin in the spring to make predictions for the new year 2025. Nic Carter: In an interview with Bloomberg Crypto, Castle Island Ventures' General Partner, Nic Carter, declined to provide a short-term BTC price target but projected a long-term price of $900,000 assuming Bitcoin equals the market capitalization of gold.

Bitcoin and gold have market capitalizations of approximately 2 trillion dollars and 18 trillion dollars respectively at the time of reporting. Carter said, “Long-term, I am expecting the price of bitcoin to be equivalent to the market capitalization of gold, meaning the price of bitcoin will be at $900,000 per coin.” Fidelity Investments: Like Carter, Jurrien Timmer, Fidelity Investments' Director of Global Macro Economics, has not publicly shared his price prediction, but has posted an interesting chart on X showing the exponential curve of bitcoin which seems to indicate that BTC price will reach $1 million by 2035. The exponential law is a specific relationship between two variables. Please provide a Vietnamese text to be translated to English. Timmer said: "If the exponential law of the bitcoin network is expanding (amplified by real interest rates and money supply) is the best way to value this most attractive asset, then bitcoin is within its reasonable value range." Timmer has been mistakenly quoted as predicting that the price of bitcoin will reach $1 billion by 2038. Tommy Lee: Co-founder of the investment research company Fundstrat, Tommy Lee, previously predicted that the price of BTC would be $150,000 in 2025. Recently, Lee has raised that prediction to $250,000 in a podcast with Anthony Scaramucci, founder of the asset management company Skybridge Capital. Lee said, "In the next 12 months, I believe the price could reach $250,000, even with a very high possibility, based on the current price cycle." He explained that his estimate is based on the Bitcoin halving event in April, but now with the emergence of a government supporting cryptocurrencies, that number could be even higher. “Because the new government operates on a bitcoin-friendly platform, I think the possibility that the United States will not only legalize bitcoin but also turn it into a strategic reserve asset will increase... the price scenarios that may occur for bitcoin,” Lee explained. Shots Fired at the Moon Peter Diamandis, the futurologist who recently mocked that the price of BTC would be $300,000, defines a breakthrough as being "10 times better or more when others are pursuing incremental change". Predictions about Moonshot are more optimistic estimates, exceeding the previous referenced threshold of $265,000. Michael Saylor: Bitcoin Supporters' Favorite Michael Saylor, Chairman of Microstrategy, the world's largest holder of bitcoin, predicted that the price of BTC will reach $13 million in 2045 in his important speech at the Bitcoin Conference in July in Nashville, Tennessee. Saylor recently explained his long-term estimate on the popular Impact Theory podcast. "I made that prediction in Nashville in July of this year and it was based on the Bitcoin 24 model," Saylor said. "The Bitcoin 24 model is an open-source macroeconomic model for applying Bitcoin and developing the macro economy over the next 21 years." In short, the assumed price growth rate is 60% with a 20% decrease over 21 years, bringing an average annual profit rate (ARR) of 29%, reaching a price level of around $13 million per unit over 21 years. To be clear, the $13 million price is a baseline scenario. A more cautious bear market scenario would estimate much lower at $3 million, while a bullish market scenario would give a staggering BTC price of $49 million.

The 59-year-old billionaire said that this model is available on Github and anyone can download and operate it. Robert Kiyosaki: The author of the book Rich Dad Poor Dad and entrepreneur Robert Kiyosaki has validated Saylor's $13 million prediction and made his own predictions, citing the potential of AI to destroy the fiat currency system, as lawyer Jim Rickard hinted at in his book 'Money GPT'. "It's scary because AI will shake the currency world," Kiyosaki posted on X in September. "The good news is, Jim Rickard's prediction means that bitcoin could reach $500,000 by 2025 and $1 million by 2030." He repeated that prediction at the end of November after Trump's election. Samson Mow: CEO of JAN3, Samson Mow, is no stranger to predictions of bitcoin reaching seven figures. His company focuses on implementing bitcoin at a national level, a venture that has the potential to shape his larger estimates. Mow has predicted a bitcoin price target of $1 million before and after the US presidential election, most recently in a podcast episode in November . "This is the premise behind the call for a $1 million bitcoin," Mow said. "It won't be a slow gradual increase to $1 million per coin, but rather a very short and intense volatility that takes us there in a matter of weeks to months." Like Kiyosaki, Mow sees the ultimate failure of the fiat money system as the ultimate catalyst for the skyrocketing price of bitcoin. Mow said: "If you look at the failure of fiat currencies, they are not failing gradually but failing catastrophically." Previously, he described a concept called "dollar-sat parity" where a satoshi or "sat" - one hundred millionth of a bitcoin and the smallest unit of cryptocurrency - would be worth one dollar, meaning one bitcoin would be worth 100 million dollars. "Suppose we have a dollar-sat parity," Mow said in another podcast. "At that time, the market capitalization of Bitcoin will be 2.1 trillion dollars". Jack Mallers: CEO of Strike, Jack Mallers, reiterated his prediction of the bitcoin price in 2026 as "$250,000 to $1 million" in a podcast interview with Anthony Scaramucci. "I think we are going to witness one of the biggest asset bubbles in human history," Mallers said. "Domestic debt to GDP is nearly 130%, global debt to GDP is over 300%, and therefore there is a loss that has to be realized, and the question is where we will realize that loss". Finally, Mallers believes that governments will simply print more money to pay off debts, causing inflation and devaluing the currency. Bitcoin, unlike fiat money, will be the only global currency that maintains its value. “If the US steps in and buys four million bitcoins, I think bitcoin could easily reach a million,” Mallers said. “If not… then $250,000 seems quite reasonable.” Cathy Wood: CEO of technology investment firm Ark Investment Management, Catherine Wood, recently made the case to CNBC for the basis and price increase for the company's price forecast. "We have a target of 2030, in our base case it's about $650,000, in our bull case it's from $1 million to $1.5 million," Wood explained. Like many others, she believes these forecasts are due to Wall Street's increased interest and a more favorable regulatory environment after Trump took office. Ark's 2022 chart shows similar figures to Wood's recent forecast, but with an analysis of the bitcoin penetration rate through eight specific use cases that Ark has used to make its own estimate. Some of those use cases include BTC's role as digital gold, strategic reserve asset, and currency of emerging markets.

Max Keiser: Famous bitcoin supporter Max Keiser, who is also an advisor to President El Salvador Nayib Bukele, recently raised his price prediction from $220,000 to $2.2 million per coin, citing the increasing adoption of cryptocurrencies by countries and noting that, like Mallers, fiat currency will inevitably depreciate. Keiser said in an interview, explaining how central banks cause inflation by increasing the money supply: 'With bitcoin, you will certainly have increased purchasing power over time, while with fiat currency like the US dollar, for example, you will certainly have decreased purchasing power over time'. He added: 'The legal tender money supply is increasing at an average rate of 15% [annually] worldwide'. El Salvador, where Keiser currently resides, has accumulated 6,002 BTC worth nearly $600,000,000 at current prices.

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