The year 2024 continues like a dream for Bitcoin, and the financial world expects the rise to continue this year. Finally, New York-based investment bank H.C. Wainwright increased its 2025 estimate for Bitcoin to 225 thousand.
Bitcoin, which started a major rally especially with the approval of spot ETFs in the US and reached 108 thousand today at intervals after the #US elections, continues to rise. Finally, New York-based investment bank H.C. Wainwright increased its previously $140 thousand volatility price estimate for 2025 to 225 thousand.
In the bank's latest report, it was noted that the expected regulatory clarity in the US in 2025, the growth of institutional adaptation and global growth demand will significantly increase the price of Bitcoin.
FIT21 limit...
The report particularly stated that the uncertainty in the regulations of the "Financial Innovation and Technology laws in the 21st century, also known as FIT21, is expected to be eliminated. This law aimed to shed light on the essence of which digital assets are considered commodities and which are considered securities.
“You can reach 4.5 products”
The report stated that Bitcoin could be found in the market at 25% of gold’s market representation by the end of 2025, that is, 4.5. One of the reasons for the rise was also emphasized as Bitcoin’s halving, which significantly reduced its supply.
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