PANews reported on December 31 that according to CNBC, James Butterfill, head of research at crypto asset management company CoinShares, said that his price forecast for Bitcoin in 2025 is two extremes: it could be as high as $150,000 or as low as $80,000. If the price falls to $80,000, it will be attributed to the failure of Trump's promised pro-cryptocurrency policies, which may deeply disappoint the market and cast doubt on the implementation of his policies, leading to a sharp market correction.
In the long run, James Butterfill believes that it is not "unreasonable" for the market value of Bitcoin to reach 25% of the gold market share (currently about 10%), that is, the price of Bitcoin reaches $250,000. However, he emphasized that this will not happen in 2025, but it is a possible direction of development in the future. He believes that the possibility of Bitcoin reaching $80,000 or $150,000 within a year is "very high." Looking ahead to next year, James Butterfill expects that a favorable US regulatory environment will become the main driving force supporting Bitcoin prices.
