Featured image created with Dall.E, chart from Tradingview.com<\/div>\n","protected":false},"excerpt":{"rendered":"
Optimism about the Bitcoin future outlook remains strong, with a crypto analyst forecasting a massive $100,000 price increase for the pioneer cryptocurrency. With expectations of an even greater price surge, the analyst believes that a $100,000 ATH for Bitcoin in 2025 is a nominal price target. Why Bitcoin Will Rise To $100,000 In 2025 Luke Broyles, a prominent crypto analyst and Bitcoin enthusiast recently dived into a discussion about the relationship between Bitcoin\u2019s price and inflation, specifically how the United States (US) inflation affects the value of the cryptocurrency over time. The analyst argues that by 2025, Bitcoin\u2019s nominal price could reach $100,000 due to inflation. However, the extent of this price rally would barely reach levels seen in 2021.\u00a0 Related Reading: Diamond Hand Ethereum Whale Moves 15,000 ETH, Here\u2019s The Destination Before making his $100,000 bullish forecast, Broyles predicted that Bitcoin could rise to $65,000 soon. He compared his projected price leap to Bitcoin\u2019s price all-time high in 2021, which was above $69,000.\u00a0 According to the analyst, the real value for the 2021 ATH, adjusted for inflation, is actually $83,000 in today\u2019s market. This implies that even if Bitcoin\u2019s current value surges to new levels around $65,000, the cryptocurrency would not have the same purchasing power it did in 2021. Broyles has projected that in the next six to eight months, there will likely be more money printing, potentially increasing inflation further. Subsequently, he predicts that this rise in inflation could be a catalyst to pushing Bitcoin\u2019s price to $95,000.\u00a0 Commenting on the analyst\u2019s predictions, a crypto community member questioned his analysis of Bitcoin\u2019s future trajectory, highlighting that a $95,000 price increase was bearish. Another crypto member claimed that inflation in the US is much higher than what is reported, stating that \u201cthe real Bitcoiners\u201d believe that inflation is at least 21% per year, as such Bitcoin should be worth $210,000. Responding to the member, Broyles expressed skepticism about the 21% inflation claim but admitted that inflation could be as high as 12%, 14%, and 16% annually.\u00a0 In a previous post, Broyles analyzed the current status of the Bitcoin bull market. According to the analyst, the market cycle is halfway through, with 50% of the expected timeline completed and 40% of potential returns achieved. Additionally, Bitcoin\u2019s market sentiment has developed only 10% and Fear Of Missing Out (FOMO) has barely begun, at just 5%.\u00a0\u00a0 Analyst Predicts Next BTC Top On September 24, crypto analyst Ali Martinez forecasted Bitcoin\u2019s next market top in this cycle. According to Martinez, if Bitcoin’s Long Term Power Law holds true, the market can expect the cryptocurrency\u2019s next peak to reach $400,000.\u00a0 Related Reading: Analyst Predicts 8,500% Rally For Cardano To Reach $31 As Indicators Turn Bullish The Bitcoin Power Law is a concept or theory that suggests a specific mathematical relationship between the price of Bitcoin and its market behavior or adoption. As of writing, the price of Bitcoin is trading at $63,807, reflecting an 8.76% increase over the past week.\u00a0 Featured image created with Dall.E, chart from Tradingview.com<\/p>\n","protected":false},"author":594,"featured_media":644269,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[5651],"tags":[167,428,656,679,1119,89185,1122,1144,78790,6664,26263,14690],"class_list":["post-644250","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin","tag-analyst","tag-bitcoin","tag-bitcoin-news","tag-bitcoin-price","tag-btc","tag-btc-news","tag-btc-price","tag-btcusd","tag-btcusdt","tag-crypto","tag-crypto-analyst","tag-crypto-news"],"acf":[],"yoast_head":"\n
Bitcoin Prediction: Crypto Pundit Reveals Why $100,000 Is The Nominal Price Level For 2025<\/title>\n \n \n \n \n \n \n \n \n \n \n \n \n \n\t \n\t \n\t \n \n \n \n \n \n\t \n\t \n\t \n