Bitcoin mining company Blockware presented its annual report, in which it revealed its forecasts for the price of BTC. According to the most positive scenario, the asset could reach up to $400,000.
Blockware Estimates Bitcoin (BTC) Could Climb to $400,000
For many observers, the current bull run is not yet over and Bitcoin (BTC) could continue its upward momentum in 2025. Although it is not possible for us to guarantee that the price of the asset will continue to rise, some analysts are nevertheless convinced of it, such as the teams at the Blockware miner.
Thus, the company unveiled its annual report, in which it presents 3 scenarios for next year. According to Blockware, 3 price ranges are therefore possible, namely $150,000, $225,000 and $400,000:
Scenarios on the price of BTC considered by Blockware
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Commenting on the graph above, Blockware nevertheless specifies that the price of BTC is impossible to predictr:
Bitcoin price predictions are impossible. But given the bullish momentum, we believe that price appreciation in 2025 is a certainty, but its magnitude remains uncertain. This chart illustrates a bearish, base and bullish scenario for the price of Bitcoin in 2025.
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For the company, the most negative scenario would be the consequence of a failure to respect Donald Trump's campaign promises, with a strategic reserve of bitcoins falling into oblivion. At the same time, the Federal Reserve (FED) would not accelerate the reduction in its key rates, while long-term holders would sell their assets.
As for a “baseline” scenario, the United States’ strategic reserve would come to fruition, but only with the BTC already in their possession. For its part, the Fed would stick to its planned timetable while Bitcoin adoption among institutions would continue at the current pace.
Concerning the most optimistic target, namely the 400,000 dollars per bitcoinit would take a number of positive factors for this to happen. To do this, the United States would need to acquire even more BTC, the Fed would need to lower rates faster, while adoption by institutional players would need to accelerate.
Either way, it will be a matter of not giving more credence than necessary to these predictions and keeping a head on your shoulders regarding your strategy. In a bull run, the hardest part is often managing to sell your positions when the entire market is euphoric.
👉 Also in the news — 2025, the year of Ethereum? Crypto could reach $10,000
In the meantime, BTC is up 0.6% in 24 hours, and is trading at just over $64,900 at the time of writing.
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Source: Blockware
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Since 2021, I have devoted my free time to seriously educating myself on cryptocurrencies in order to acquire maximum knowledge and credibility. I often have the opportunity to conduct interviews with influential figures in the blockchain industry. I also conduct in-depth analyzes on Web3 themes to offer exclusive content to Cryptoast readers.
Vincent Maire
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