Bitcoin Set To Surpass $100K By 2025, Says Unchained CEO Joe Kelly
Portfolio Pulse from Benzinga Neuro
Joe Kelly, CEO of Unchained, predicts that Bitcoin (CRYPTO: BTC) will exceed $100,000 by 2025, following its next halving event in 2024. This prediction is based on Bitcoin’s previous three halving events, which have historically led to significant price rallies. Bitcoin has already surged 77% in 2023, rebounding from a 65% sell-off in the previous year.
August 04, 2023 | 12:44 pm
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Bitcoin is predicted to exceed $100,000 by 2025, following its next halving event in 2024. This prediction is based on Bitcoin’s previous three halving events, which have historically led to significant price rallies.
The prediction of Bitcoin exceeding $100,000 by 2025 is based on its historical performance following halving events. These events, which cut miners’ rewards in half, have historically led to significant price rallies. Given that Bitcoin has already surged 77% in 2023, it is plausible that it could reach the predicted price by 2025.
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