Analyst: Bitcoin’s Potential Surge To $800,000 In 2025 Tied To Trump’s Policies, Says This Analyst
Posted On December 14, 2024
Perianne Boring, a crypto lobbyist who is CEO of The Digital Chamber, says that Bitcoin‘s (CRYPTO: BTC) value could potentially skyrocket to $800,000 next year.
What Happened: Boring made this prediction this week during an interview with Fox Business. According to Boring, this prediction is based on the future policies of President-elect Donald Trump.
She indicated that if Trump’s proposed policies for the crypto sector are successfully implemented, Bitcoin could see a value close to $1 million or more than that.
The stock-to-flow (S2F) model, traditionally used for commodities and now applied to Bitcoin, supports Boring’s prediction. This model suggests that the price of an asset increases as it becomes more scarce.
About The Author
