Bitcoin could potentially rise fourfold to $400,000 by 2025

Cryptocurrency mining company Blockware states that Bitcoin's price could potentially rise fourfold by 2025, or in the worst-case scenario, increase by 58%, depending on Donald Trump's strategic Bitcoin reserve plan and the Federal Reserve's policies. Blockware indicates that if Trump 'does not implement' the strategic Bitcoin reserve plan, then a bear market target of $150,000 is 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 cuts interest rates as scheduled, and businesses continue to adopt Bitcoin at 'the current rate.' Blockware states that if all three factors align, a 'bull market scenario' Bitcoin price of $400,000 is possible.