Stephen Lubka, director of the cryptocurrency exchange Swan Bitcoin, expects that the value of Bitcoin will grow to six figures by 2025. At the same time, in his opinion, the growth rate of the first cryptocurrency does not depend on the election results in the United States.
Steven Lubka said his prediction is based on his belief and analysis of Bitcoin’s historical price trajectory, which has been influenced more by global fiscal and monetary conditions than by any political events.
“I believe that by 2025, Bitcoin will be worth six figures. In the meantime, whoever wins the presidential election will come to such a conclusion,” Lubka said.
He stressed that the recent institutional adoption of the first cryptocurrency, manifested in the launch of a spot Bitcoin ETF, further bolsters his bullish outlook.
Analysts at Bernstein also hold another view. Experts pointed out in their Bitcoin market price prediction that Bitcoin prices fluctuate between $55,000 and $70,000 for most of 2024, and investors should expect BTC prices to stagnate until American voters choose the next president. At the same time, a victory by the ruling Democratic candidate in the election could cause Bitcoin prices to fall to $40,000. #BinanceTurns7 #AirdropGuide #ЛюбимыйТокен #TopCoinsJune2024 #IntroToCopytrading $BTC
