Draper asserts that Bitcoin could surge to $250,000 by late 2025, influenced by the latest halving which halved the supply of new BTC since April 2024.
Historically, Bitcoin has experienced massive gains post-halving, with previous halvings coinciding with significant price increases. Institutional investments are also flooding in, bolstering prices.
With countries legalizing Bitcoin, the potential for widespread adoption expands. However, uncertainties such as regulations and economic factors could impact this bullish trend.
Leave a Reply