According to a recent analysis by Carol Alexander, a prominent finance professor at Sussex University, Bitcoin is poised for significant price movements in the coming year. As reported by CNBC, she predicts that the cryptocurrency could potentially reach a staggering $200,000 by the end of 2025. Alexander emphasizes that while she maintains a strong bullish stance, Bitcoin’s inherent volatility remains a challenge, with expectations of fluctuation between $100,000 and $150,000 within the upcoming summer months.
Key drivers for this anticipated growth include evolving regulatory frameworks in the United States, which are expected to foster a more conducive environment for Bitcoin’s expansion. However, Alexander warns that the prevalence of high-leverage trading on exchange platforms may contribute to ongoing price instability. Importantly, she has no personal stake in Bitcoin; yet her historical accuracy in price forecasting bolsters her credibility. Last year, her prediction that Bitcoin would hit $100,000 by 2024 proved to be correct.