Bitcoin Price Update
While the leading cryptocurrency Bitcoin continues to quietly recover after the sharp declines it has experienced, the price is still below $90,000.
Market Resistance and Future Expectations
While the BTC price is still unable to surpass the $88,000 resistance as it approaches the end of the first quarter, rally expectations continue for the rest of 2025.
Expert Predictions
At this point, Nigel Green, CEO of deVere Group, one of the world’s largest financial consultancy firms, said that Bitcoin will reach a big six-figure target of $150,000 by the end of the year.
Trump’s Influence on Bitcoin
Green said that Bitcoin could rise and reach $150,000 with the support given by US President Donald Trump to cryptocurrencies.
Green also noted that Trump’s tariff policies could lead to macroeconomic uncertainties and push investors to move their assets to safe havens.
Investors’ Perspectives
According to the CEO, some investors will view BTC as digital gold and invest their assets in BTC, which will support its rise.
“Bitcoin has the opportunity to perform incredibly well. Trump’s support for crypto will support BTC. But Trump’s tariff uncertainty is creating some chaos, leaving many people worried about what will happen in emerging markets and other countries. Of course, when there is uncertainty, more and more people invest in gold. But at some point, gold investors also want an alternative, and Bitcoin offers that alternative. With Trump’s support, my goal for Bitcoin by the end of the year is $150,000.”
Disclaimer
*This is not investment advice.
