Disclaimer:

Disclaimer: The blog posts and comments on this blog and posts on social networks are not investment recommendation, are provided solely for informational purposes, and do not constitute an offer or solicitation to buy or sell any securities. The opinions expressed on the blog are Petar Posledovich's. Petar Posledovich does not guarantee the accuracy of the information presented on this blog and social networks. The information presented is "as is". The blog is stocks analysis and valuation, Bitcoin, Cryptocurrencies, Artificial Intelligence, AI, deep-learning focused. Independent, unbiased AI insights. Petar Vladimirov Posledovich is not liable for any investment losses incurred by reading and interpreting blog posts on this blog and posts on social networks. Conflicts of interest: I may possess some of the securities, currencies or their derivatives mentioned in the blog post and posts on social networks! The blog is property of Wolfteam Ltd. www.wolfteamedge.com Respectfully yours, Petar Posledovich

Saturday, December 21, 2024

Bitcoin's Price Could Top 200 000 USD in 2025


 

After surpassing 100 000 USD's recently, Bitcoin's price experienced a correction.

One of the drivers is the Federal Reserve making hawkish comments and penciling in 'only' two Federal Funds Rate cuts for 2025. Market participants apparently were expecting more Federal Reserve rate cuts in 2025 and altogether looser monetary policy in Wolfteam Ltd.'s view.

Apparently, Federal Reserve's Chairman and voting and non-voting Monetary Policy Committee Members are modelling higher inflation influenced to a large extent by possible tariffs and quotas to be plausibly announced by President Elect Donald Trump's incoming administration.

However, President Elect Donald Trump via many comments and announced SEC and Crypto and AI Tzar nominations has signaled strong support for Bitcoin and cryptocurrencies. There could be even a US reserve consisting of Bitcoin and possible other cryptocurrencies.

Donald Trump's actions, the possibly relatively looser Federal Reserve monetary policy and general amicable public towards Bitcoin and cryptocurrencies, crypto for short could drive Bitcoin's price to above 200 000 USD in 2025, according to Wolfteam Ltd.'s projections and estimates.



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