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Cryptocurrency News Articles

Is a Bitcoin Crash Coming in 2025? Experts Weigh In

Dec 28, 2024 at 09:01 pm

digital currencies, has been in the mainstream media for the past couple of weeks. For the first time ever, it broke $100,000 and even went a little over $108,000.

Is a Bitcoin Crash Coming in 2025? Experts Weigh In

The mainstream media has been abuzz with news of digital currencies for the past couple of weeks. For the first time ever, bitcoin broke $100,000 and even went a little over $108,000.

Now the question on everyone’s mind is whether the trend will continue or crash.

Here’s what some crypto experts had to say about a potential bitcoin crash in 2025.

iSectors

“I do not think a bitcoin crash is coming in 2025,” said ISectors. “Our belief in bitcoin’s strength going into 2025 is partially driven by the four-year halving cycles it has displayed since its creation.”

Professional Crypto Recovery

“A lot of people are predicting a supercycle,” said Professional Crypto Recovery. “And with all of the institutional money buying up BTC and sitting on it, coupled with retail users hoarding it and pulling it off exchanges and into cold storage — the closest thing we have to a safe — there isn’t a whole lot of bitcoin on the open market, which is one of the reasons the price is staying high right now.”

Arkomina Research

“If the economy falls into a recession or the Fed simply makes a mistake, bitcoin could crash in 2025,” said Arkomina Research.

Bull Oak Capital

“If the Trump administration decides not to back bitcoin, which is entirely possible, then we should expect a major crypto correction,” said Bull Oak Capital.

Online Blockchain

“Bitcoin has been driven by market sentiment, the halving event and the Trump news cycle,” said Online Blockchain. “We’re now at, certainly near, the peak of the current bitcoin cycle.”

News source:finance.yahoo.com

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Other articles published on Dec 29, 2024