Perianne Boring, founder and CEO of crypto advocacy group The Digital Chamber, predicts Bitcoin for 2025. $101,577.1He made a big prediction that the price of (BTC) will increase significantly.
Trump’s Policies Could Boost Bitcoin
In a new interview with Fox Business, Boring stated that President Donald Trump’s approach to the crypto sector could help push the value of BTC to around $1 million.
“The stock-to-flow model shows that in line with future targets, BTC will be above $800,000 by the end of next year. If Donald Trump successfully implements his many proposals to the community, there is no limit to the price due to Bitcoin’s limited supply,” Boring said.
Trump’s Approach to the Crypto Industry
Trump, who has been skeptical of Bitcoin and crypto in the past, has vowed to protect and grow the digital asset industry over the past year.
At campaign events over the summer, Trump promised to oust SEC Chairman Gary Gensler on his first day in office and end policies that prevent crypto investors and companies from using digital assets. Following Trump’s victory, Gensler announced that he would leave his post in January.
Additionally, the former president said that the United States will stop selling confiscated Bitcoins on the open market and will keep these assets as a strategic investment.
“The stock-to-flow model shows that in line with future targets, BTC will be above $800,000 by the end of next year.” – Perianne Boring
Boring’s prediction reveals that the combination of Bitcoin’s fixed supply and potential political changes could lead to a significant increase in BTC’s price.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
