A crypto analyst predicts a massive $100,000 price surge for Bitcoin by 2025, attributing this rise to inflationary pressures in the United States.
Luke Broyles, a prominent Bitcoin enthusiast, argues that the nominal price for Bitcoin could reach $100,000 by 2025, though this would not match the purchasing power of its 2021 highs.
Broyles forecasts more money printing and rising inflation in the coming months, which he believes will push Bitcoin's price up to $95,000 as a catalyst for reaching $100,000 in 2025.
Reactions from the crypto community vary, with some questioning his bearish outlook and others suggesting even higher inflation rates, implying Bitcoin could be worth more.
Broyles also analyzed the current Bitcoin market cycle, estimating it is halfway through with only 10% market sentiment and 5% FOMO developed.
Ali Martinez, another crypto analyst, predicts Bitcoin's next market top could reach $400,000, based on the Bitcoin Power Law theory.
