Saturday, June 22, 2024

Bitcoin (BTC) Price Target Revealed by Analyst for September 2025

Crypto Strategist Predicts Bitcoin (BTC) to Reach Six Figures Following Next Halving Event

In a recent video addressed to his substantial following of 444,000 YouTube subscribers, the esteemed InvestAnswers host, who wishes to remain anonymous, has made an intriguing forecast regarding Bitcoin’s future. He believes that the upcoming halving event, anticipated to occur in April 2024, could propel Bitcoin into an unprecedented bull run lasting over a year.

The analyst confidently asserts that Bitcoin will surge to a staggering $157,279 by September 19th, 2025. Delving into the details, he explains, “Imagine a 15,16-month run. What happens if history repeats is the fun part… We have the September 19, 2025 date, which could mark the creation of a new all-time high, but that’s quite a ways off, more than two years. However, if we consider 2.27 times the previous all-time high, that theoretical target lands us at $157,279.”

Previous halving events have consistently fueled Bitcoin’s ascent, occurring once every four years. The forthcoming halving event will slash the influx of new BTC into the market from 6.25 Bitcoin per block to 3.125 Bitcoin per block.

The trader suggests that his price prediction for September 2025 becomes increasingly plausible with a surge in institutional adoption, particularly if BlackRock successfully launches an exchange-traded fund (ETF) following its recent filing for approval. He emphasizes, “This time around, there are notable differences. The most important one being the substantial increase in adoption. Additionally, the supply is limited and will become even scarcer. Should a major player like BlackRock enter the arena, as we have heard throughout last week, this $157,279 target could appear extremely bullish.”

However, the investor offers a word of caution, highlighting the potential impact of adverse macroeconomic conditions. In such a scenario, the halving event may only result in Bitcoin revisiting its previous all-time high. He remarks, “To maintain a balanced perspective, there’s also the bear case… If global geopolitical factors take an unexpectedly severe turn, I believe that in a worst-case scenario, we could see Bitcoin return to $69,000. Yet, even this would be remarkable considering its current trading value of just under $27,000, a mere three days ago it stood at $25,000.”

At the time of writing, Bitcoin is trading at $26,930, reflecting a 1.75% increase in the past 24 hours. Stay tuned to seize the potential of Bitcoin’s captivating journey towards six figures and beyond!

Read Also: Binance Reaches Agreement with SEC, Resolving Asset Freeze Attempt

Disclaimer: The information provided in this article is for informational purposes only and should not be construed as financial or investment advice. Cryptocurrency investments are subject to market risks, and individuals should seek professional advice before making any investment decisions.

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