Bitcoin is predicted to rise to $ 100,000

Dan Tapiero, CEO of blockchain company 10T Holdings, is confident in the inevitable rise in the value of the flagship crypto asset.

«The next bullish trend will come in 2025. And we will see bitcoin exceed $ 100,000. I think this is a fairly conservative estimate,» Tapiero said.

The businessman believes that bitcoin is becoming an increasingly attractive means of saving: «There are many assets, such as real estate, that people often invest in. Art, paintings. And bitcoin can really become part of the list of such assets.»

In April, Tapiero made a bold prediction that bitcoin would reach $ 300,000. However, according to the investor, even this forecast can be called «too modest.» The crypto expert believes that negative rates on US bonds will be a special «mega-bull signal» for BTC.

It is worth noting that Matrixport analyst Біллі Маркус" href="https://noworries.news/biography/billi-markus/" data-bio-id="3704">Marcus Thielen previously predicted that bitcoin would rise to $ 40,000 amid an agreement between the management of the Binance cryptocurrency exchange and the US regulator.

As of the morning of November 29, the main cryptocurrency was trading at $ 38,114 with a market capitalization of $ 745.3 billion. Traders made daily trading deals worth $ 22.7 billion. BTC’s dominance in the market amounted to 52%, and the fear and greed index rose to 71 points.