Michael Saylor, the co-founder of the strategy, the largest bitcoin (BTC) Treasury Company by holdings, forecast that Bitcoin will hit $150,000 by the end of 2025.
“I think these 12 months are probably the best 12 months in the history of the industry,” Saylor said CNBC at the Money 20/20 Conference in Las Vegas on Monday.
Saylor cited the Securities and Exchange Commission (SEC) Embracing tokenized securitiesUS Treasury Secretary Scott Bessent endorsed StableCoins to protect the dominance of the dollarand the overall regulatory environment in the US as factors to remain bullish. He said:
“Our expectation now is that by the end of the year, it should be about $150,000, and that’s the consensus of equity analysts who cover our company and the Bitcoin industry.”
The forecast comes amid depressed crypto asset prices, following a market crash fueled by US President Donald Trump. Announcing 100% additional tariffs on ChinaThe sparking investors are afraid of macroeconomic instability.
Related: Saylor’s strategy tapped for S&P 500 inclusion after Q3 earnings: 10x Research
Investors and analysts are hoping for a market turnaround on positive trade news
The historic October market crash was due to short-term technical reasons. saidadding that they are confident that a US-China trade deal will be reached.
In the following weeks, officials from both countries Their rhetoric was softenedSigned an avoidance of trade tensions and a willingness to negotiate a deal.
Trump reversed course and confirmed that he will meet With Chinese President Xi Jinping at the Asia-Pacific Economic Cooperation (APEC) Summit in Seoul, South Korea, on Friday.
Bessent said on Sunday that the US and China have reached a “major” framework of trade dealsan announcement celebrated by analysts, investors, and crypto industry executives.
“Asset prices will go crazy this week if the US-China trade deal is announced and interest rates are cut. said.
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