The year 2024 was quite successful for Bitcoin. While the crypto currency market reached new summits, Bitcoin has created great excitement by overcoming the $ 100,000 threshold towards the end of the year. Last year, Bitcoin’s price increased by 85.8 %. Currently, Bitcoin’s price is recorded as 96,160.29 dollars. But in 2025, the biggest question is: What will be the future of Bitcoin? Here is the famous strategist Mike McGlone’s Bitcoin Estimation
Bitcoin Estimation: There are two scenarios
In the last 30 days, Bitcoin suffered a loss of value of 6.8 %. Although silence in the market seems to be dominant, the real story is just beginning. A sharing by the famous commodity strategist Mike McGlone predicts that Bitcoin can either rise to $ 150,000 this year or fall up to $ 50,000. In McGLone’s analysis, not only the price of Bitcoin, but also the effects of these price changes on inflation, stock market markets and federal reserve policies.
- Scenario 1) If Bitcoin exceeds $ 150,000 – Effects on the Economy: McGlone says that if Bitcoin rises to $ 150,000, the US stock market richness can reach approximately $ 12 trillion. Such a growth may increase inflation, which can lead to the Fed to increase interest rates. These interest rates to control inflation may have great effects on economic conditions.
- Scenario 2) If Bitcoin falls to $ 50,000 – Deflation and subsequent situation: On the other hand, McGlone says that if Bitcoin decreased to $ 50,000, a deflationist environment may occur. In a deflationist environment, the Fed can be expected to encourage expenditure and economic growth by lowering interest rates.
There are also investors that go underneath
Another trend that has attracted attention recently is the fact that investors head from Bitcoin. After Bitcoin exceeded $ 100,000, the price of gold increased by 10 %. This indicates that many investors transition from high -risk assets (such as Bitcoin) to safer assets (such as gold). At the beginning of 2024, the price of gold was $ 2,623.70, and its current price increased by 10.49 %to a level of close to $ 2,900. In the same period, the price of Bitcoin experienced an increase of only 2.78 %.
