Even though the leading cryptocurrency Bitcoin (BTC) is breaking new records, it is still considered to be below its fair value.
At this point, Bitwise analysts André Dragosch and Ayush Tripathi finally explained the fair value of Bitcoin.
Accordingly, analysts predict that Bitcoin could rise above $200,000 by the end of the year and reach its fair value of $230,000.
Trump’s proposed tax cuts and rising U.S. debt are the key drivers of the rally, analysts said, supporting Bitcoin’s rise as a hedge against default risks.
“Bitcoin’s scarcity and durability put it in a unique position to benefit from both financial instability and improving market sentiment.
If these trends continue, the top cryptocurrency Bitcoin could end up shattering price expectations.”
Analysts stated that Bitcoin fell to $100,000 with the tension between US President Donald Trump and Elon Musk, but recovered in a very short time, and said that the bull is solid and that it is a sign that the rise will continue.
As a result, analysts have stated that they expect the rise to continue and rise to what they consider to be Bitcoin’s fair value of $230,000 by the end of 2025.
Apart from Bitwise analysts, Bitwise CEO also announced his BTC price expectation.
Bitwise CEO Hunter Horsley claimed that no one will sell when Bitcoin reaches $130,000-$150,000.
In his post from the X account, Horsley said that if the Bitcoin price reaches $130,000-150,000, the current sales of investors who bought around $100,000 will stop.
The famous CEO went a little further and said that when BTC reaches this level, investors who need liquidity will borrow money and invest in Bitcoin, which will push the price of Bitcoin even higher.
*This is not investment advice.
Source: https://en.bitcoinsistemi.com/bitwise-announces-its-big-forecast-for-bitcoin-btc-by-the-end-of-2025/