Background and Predictions
Some analysts, such as Wall Street veteran Fred Krueger, predict a rise in the Bitcoin price to as much as 600,000 US dollars by October 2025. These predictions are based on geopolitical changes and monetary policies, such as the US debt crisis and the introduction of a new payment system by the BRICS countries.
The introduction of a system based on gold and Bitcoin could further increase the price by allowing the BRICS nations to detach themselves from the US dollar. A potential restructuring of the US dollar, where Bitcoin and gold serve as backing, could significantly boost the value of Bitcoin.
Current Market Situation and Predictions
The current price of about 105,000 US dollars could represent a consolidation phase before further increases occur. Analysts expect Bitcoin prices in 2025 to range between 180,000 and 300,000 US dollars, based on historical growth patterns and technical indicators.
Risks and Uncertainties
The crypto market is known for its volatility, meaning price corrections can occur at any time. Additionally, regulatory developments can significantly impact the prices of cryptocurrencies, and investors should always keep themselves informed about current and future regulatory changes.
In summary, the prediction of a Bitcoin trader who sees potential for long positions up to 600,000 US dollars is based on a combination of geopolitical factors, monetary policies, and the potential integration of Bitcoin into new payment systems.