Golden Financial reports that the cryptocurrency mining company Blockware indicates that Bitcoin's price could rise up to four times by 2025, or at worst increase by 58%, depending on Donald Trump's strategic Bitcoin reserve plan and the Federal Reserve's policies. Blockware states that if Trump does not implement the strategic Bitcoin reserve plan, the bear market target of $150,000 could be achievable, with the industry hoping this outcome will occur early in Trump's administration. As a 'base case', Blockware's target is $225,000, assuming the U.S. government converts its held Bitcoin into a strategic Bitcoin reserve, the Federal Reserve lowers interest rates as scheduled, and businesses continue to adopt Bitcoin at 'the current pace'. Blockware notes that if these three factors align, a Bitcoin price of $400,000 in a 'bull market scenario' is possible.

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