Real Vision CEO Raoul Pal, who anticipates a surge in Bitcoin and alternative cryptocurrencies in January, maintains his prediction. Pal, who projects Bitcoin to reach $350,000 by 2025, suggests that BTC has the potential to surpass $500,000. During a podcast with James Connor of Blood Street Capital, Pal argued that Bitcoin could achieve the $350,000 mark by the end of 2025 under the base case scenario. Through an analysis of historical trends and current market conditions, Pal believes that Bitcoin is on track for a significant rally in 2025, supported by global liquidity and a maturing market. Pal compares the current market situation to that of 2017, following Trump’s initial presidential election, during which Bitcoin experienced a surge due to consistent liquidity inflows. Pal further states that he anticipates only minor pullbacks in Bitcoin moving forward, with a potential drop to $90,000 before a recovery. The renowned figure outlines three potential price targets for Bitcoin by the end of 2025:
“Worst case scenario: Bitcoin’s price reaches $200,000 – $250,000.
Base case scenario: Bitcoin climbs to $350,000.
Bull scenario: If the market experiences a breakout similar to 2017, Bitcoin could rise above $500,000.”
*This does not constitute investment advice.