Could Bitcoin reach $1 million in 2025? Here are the experts' opinions
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Whether Bitcoin can reach $1 million in 2025 remains a highly controversial topic. Although many market experts are confident about the future of Bitcoin and predict that it may reach extremely high prices, there are still many complex factors to achieve this goal.
Potential factors supporting Bitcoin to reach $1 million:
US Bitcoin Strategic Reserve: Jeff Park of Bitwise mentioned that if the United States truly implements the policy of Bitcoin as a strategic reserve, it may greatly boost the demand for Bitcoin. Although he believes that the probability of this scenario is low, if major economies such as the United States officially include Bitcoin in the national strategic reserve, it may trigger huge capital inflows and further push up the price of Bitcoin.
Trump's support: Trump actively supported Bitcoin during the campaign and promised to make the United States the capital of cryptocurrency. This change in political background may cause a major shift in the policy environment of the cryptocurrency market and attract more institutional investors to participate. If Trump can continue to support Bitcoin in 2025, this may provide momentum for Bitcoin's future growth.
Global institutional adoption: Companies like MicroStrategy have already included Bitcoin in their balance sheets, and more companies and institutions are gradually increasing their interest in Bitcoin. If more and more companies increase their Bitcoin holdings in the next few years, especially large institutions and investment funds, it may drive Bitcoin prices to all-time highs.
Bitcoin scarcity and monetary policy: Bitcoin has a limited total supply of only 21 million Bitcoins, and global inflation and monetary policy (especially under the quantitative easing policies of central banks) may lead to the depreciation of traditional currencies. In this environment, many people regard Bitcoin as digital gold or a store of value, which may further drive its demand.
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