Bloomberg: in 2025, the price of 1 bitcoin will be $ 100,000

In an interview with Kitco TV channel, Bloomberg strategist Mike McGlone said that bitcoin (BTC) has every chance of reaching $ 100,000 per coin by 2025.

According to the analyst, we should expect a «big comeback» like after 1929 or 2008 (large-scale market crises). McGlone believes that the biggest inflation in 40 years is just beginning.

«Bitcoin and gold are some of the best assets on the planet,» the expert said and added that BTC is in a transitional period and will become one of the most significant risky assets in human history.

At the moment, not everyone supports the opinion of Mike McGlone, who predicted in 2020 that the price of BTC would exceed $ 20,000 and start growing in 2021. Cryptocurrency industry experts interviewed by CNBC believe that amid a severe correction of the crypto market, the number of existing digital tokens and blockchains will be significantly reduced in the coming years, and BTC, although it will «survive,» will significantly decrease in price.