Bitcoin's price has been rising lately, and some experts think it will keep going up. In fact, Bloomberg Intelligence predicts Bitcoin's price could reach $100,000 by 2025.
This isn't the first time Bitcoin's price has surged - in 2021, it reached an all-time high of over $68,000.
With more people and companies investing in Bitcoin, its price could continue to rise. What do you think?
Will Bitcoin reach $100,000 by 2025?
There's been lots of other notable predictions and speculations about Bitcoin in 2025.
First was Tom Lee, an American Entrepreneur who speculated the price of Bitcoin to reach $40,000 by 2025.
And as we can see, bitcoin is way above 40k, and it's not even 2025.
Second was Kay Van-Petersen, he's the Co-Founder & Global Chief Consigliere @ D•Central and also Managing Partner at @Ascent Capital with over 15 years of experience in the global financial market, he also speculated bitcoin to hit a $100,000 by 2025.
And the third is John McAfee a British-American computer programmer and businessman who also speculated bitcoin to hit $1M by 2025.
That shows that no one can accurately predict the future of Bitcoin, because no one knows what will happen in the future, we can only be sure that Bitcoin price will grow higher than it's current ATH and set new ATHs in the long run, but accurately predicting the future price isn't possible because there are factors that affect and drive bitcoin price, and these factors are often real life events that can never be predicted.
I'm pretty sure there were also notable speculations back then in 2020 that were supposed to have been accurate before COVID 19 hit the world's economy and affected even Bitcoin's price.