Major BTC Expert Believe That Bitcoin Can Double Its Price In 2025

    By

    Samik Ghoshal

    Samik Ghoshal

    Bitcoin has always been a volatile digital asset. Recently, Trump’s decision catalyzed the volatility of the token.

    Major BTC Expert Believe That Bitcoin Can Double Its Price In 2025

    Bitcoin has always been a volatile digital asset. Recently, Trump’s decision catalyzed the volatility of the token. This is why there are a lot of fluctuations in its price. This has put everyone on edge, but big-shot investors and market experts believe a new dawn is probably approaching.  

    Head of Capital Markets and Strategic Initiatives at Bitdeer, Jeff LaBerge, believes this is a transition period and that crypto prices might soar this year. He has quoted that the price of BTC could easily reach upto $200,000. 

    While the figure seems audacious, the reason behind this speculation makes sense. LeBerge shared this anecdote while talking to Rob Nelson on his Roundtable talk show. LeBerge clearly stated that predicting crypto prices is futile. 

    Le Berge Said, “Trying to predict Bitcoin prices… geeze, that’s kind of a fool’s exercise at times.”.LeBerge further added, “But yeah, look, I think there’s a lot of upside from here. I think that $150,000 to $200,000 range is certainly in the cards this year.”  

    The Coming Of Bull Market   

    The figure LeBerge gave might sound audacious or ridiculous, but the reasoning makes sense. LeBerge noted that crypto has been following a four-year bull-bear cycle. What was interesting is that, in most cases, a bear market is followed by a profitable bull market.  

    The latest of such events took place just nine months ago. LeBerge said, “It seems like forever ago, but it was really only nine months ago,” he said. “It’s typically the kickoff for a bull market, and I think we’ve seen that.” 

    Apart from the bull-bear market, two more factors can come into play. Firstly, the massive success of Bitcoin ETFs. Secondly, a more crypto-friendly stance was taken by the US administration.  

    Therefore, all of these factors might eventually come together to create a massive development surge followed by a bull market.  

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