In a recent interview with Fox Business, Perianne Boring, the founder and chief executive of the crypto advocacy group The Digital Chamber, made a bold Bitcoin price prediction for 2025. Boring believes that if President-elect Donald Trump follows through on his proposed policies for the cryptocurrency sector, Bitcoin could skyrocket close to $1 million. She points to the stock-to-flow (S2F) model, which predicts that Bitcoin could reach over $800,000 by the end of next year. This model is based on the idea that as an asset becomes more scarce, its price will increase.
Despite expressing skepticism about Bitcoin and cryptocurrencies during his previous term, Trump has since shifted his stance and has been promising to protect and promote the digital asset sector. On the campaign trail, Trump vowed to make changes such as firing Securities and Exchange Commission (SEC) Chair Gary Gensler on his first day in office and ending policies that hinder crypto investors and companies from utilizing digital assets. Following Trump’s victory, Gensler announced he would be stepping down from his post in January.
Additionally, Trump pledged to stop the US from selling its seized Bitcoin on the open market and instead hold it strategically as an investment. These proposed changes have led to optimism within the crypto community, with many believing that Bitcoin’s value could increase significantly under Trump’s presidency. Boring’s prediction of Bitcoin approaching $1 million by 2025 aligns with the belief that Trump’s support for the cryptocurrency sector could lead to substantial growth.
As Bitcoin continues to gain mainstream acceptance and recognition as a legitimate asset class, investors are taking note of the potential for significant price appreciation in the coming years. The idea of Bitcoin reaching $1 million by 2025 is not just a far-fetched prediction but rather a possibility that is backed by economic models and the current political climate. With Trump’s supportive stance on cryptocurrencies and promises to create a more favorable environment for the sector, the sky appears to be the limit for Bitcoin’s price trajectory.
In closing, Perianne Boring’s Bitcoin price prediction for 2025 of close to $1 million is based on the stock-to-flow model and the potential policy changes that Donald Trump may implement to support the cryptocurrency sector. With Trump’s pledge to protect and grow the digital asset industry, many in the crypto community are optimistic about Bitcoin’s future performance. As Bitcoin continues to gain mainstream adoption and recognition, the possibility of it reaching $1 million by 2025 becomes more plausible. Investors are keeping a close eye on the developments in the crypto space and the potential impact of Trump’s policies on Bitcoin’s price trajectory.
