比特幣價格預測：2025 年 BTC 會走向何方？

唐納德·川普 (Donald Trump) 在 11 月美國大選中大獲全勝後，比特幣以及無數其他加密貨幣代幣作為加密貨幣狂熱者而飆升

After Donald Trump's resounding US election win in November, bitcoin - along with countless other crypto tokens - has skyrocketed as crypto-fanatics and casual speculators bet on a pro-crypto future under the President-elect.

唐納德·川普(Donald Trump) 在11 月美國大選中大獲全勝後，隨著加密貨幣狂熱分子和休閒投機者押注當選總統領導下的加密貨幣未來，比特幣以及無數其他加密貨幣的價格飆升。

The bull-run continued into December with bitcoin smashing the $100,000 barrier for the first time after Trump promised to nominate Paul Atkins to become the new commissioner of the Securities sand Exchange Commission.

牛市持續到 12 月，在川普承諾提名保羅·阿特金斯 (Paul Atkins) 擔任美國證券交易委員會新任委員後，比特幣首次突破 10 萬美元大關。

With Trump no doubt looking forward to his inauguration on 20 January, the jury is still out on how many of his crypto promises he'll keep, and what 2025 and the new President hold for the crypto space.

毫無疑問，川普期待 1 月 20 日的就職典禮，但他將兌現多少加密貨幣承諾，以及 2025 年和新總統對加密貨幣領域的承諾，目前還沒有定論。

It is of course impossible to know what will happen to the value of bitcoin and other cryptocurrencies next year - prices are volatile.

當然不可能知道明年比特幣和其他加密貨幣的價值會發生什麼事——價格波動很大。

However, the future is looking rosy, at least according to Standard Chartered, which has set a bitcoin price target of $200,000 by the end of 2025.

然而，未來看起來很樂觀，至少根據渣打銀行的說法，該銀行已設定到 2025 年底比特幣目標價為 20 萬美元。

While $200,000 seems a long way to go, financial institutions are now throwing their weight behind crypto and Trump pledging to reform crypto regulation, bitcoin could see considerable drive in 2025.

雖然 20 萬美元似乎還有很長的路要走，但金融機構現在正在大力支持加密貨幣，而且川普承諾改革加密貨幣監管，比特幣在 2025 年可能會看到相當大的推動力。

Simon Peters, market analyst at Etoro, told This is Money that bitcoin is also likely to follow its four-year cycle which could mean it is set to peak in 2025.

Etoro 市場分析師 Simon Peters 告訴 This is Money，比特幣也可能遵循四年周期，這可能意味著它將於 2025 年達到頂峰。

This is not guaranteed, however, with David Morrison, senior market analyst at Trade Nation, noting the pullback bitcoin has seen from its previous highs.

然而，這並不能保證，Trade Nation 的高級市場分析師 David Morrison 指出，比特幣已經從先前的高點回落。

One of the main catalysts for the recent crypto-boom is Trump's promise to replace the much-reviled SEC chair Gary Gensler with Paul Atkins.

最近加密貨幣繁榮的主要催化劑之一是川普承諾用保羅阿特金斯取代飽受批評的 SEC 主席加里詹斯勒 (Gary Gensler)。

Gensler, who has announced he'll step down upon Trump's inauguration, is widely disliked by those in the crypto sphere for his enforcement approach to the currencies.

詹斯勒已宣布將在川普就職典禮後辭職，但由於他對貨幣的執法方式而受到加密貨幣領域人士的普遍不滿。

This was, according to David Morrison, senior market analyst at Trade Nation, the: 'the icing on the cake, and the solid evidence that crypto is about to enjoy a much friendlier regulatory environment.'

Trade Nation 高級市場分析師 David Morrison 表示，這是“錦上添花，也是加密貨幣即將享受更友善的監管環境的有力證據。”

Nick Jones, chief executive of Zumo, agrees. He told This is Money: 'Increased regulatory scrutiny is a positive sign that our industry is maturing.'

Zumo 執行長 Nick Jones 對此表示同意。他告訴《This is Money》：“加強監管審查是一個積極的跡象，表明我們的行業正在成熟。”

Trump has pledged to ease regulation on crypto, and create a new regulatory framework that looks to further integrate crypto into the financial world. This is where Trump's nbitcoin reserve could come in.

川普承諾放鬆對加密貨幣的監管，並創建一個新的監管框架，旨在進一步將加密貨幣融入金融世界。這就是川普的 nbitcoin 儲備可以發揮作用的地方。

Other nations could also follow suits by adopting bitcoin as a reserve asset if Trump does take this approach.

如果川普確實採取這種做法，其他國家也可以效仿，採用比特幣作為儲備資產。

Laith Khalaf, head of investment analysis at AJ Bell, said: 'Fresh news of supportive US government policies in 2025 could continue to bump crypto higher.'

AJ Bell 投資分析主管 Laith Khalaf 表示：“2025 年美國政府支持性政策的最新消息可能會繼續推高加密貨幣價格。”

On top of this, Arnoud Star Busmann, chief exectuive of Quantoz Payments, said: 'This will all lead to crypto being safer and easier to access.'

除此之外，Quantoz Payments 執行長 Arnoud Star Busmann 表示：“這一切都將使加密貨幣更安全、更容易存取。”

Khalaf warns that bitcoin is still a risky investment. He added: 'With no fundamentals to speak of, the price of bitcoin is purely driven by what other buyers are willing to pay for it, and the sentiment of crowds is a fickle beast.'

哈拉夫警告說，比特幣仍然是一項有風險的投資。他補充說：“沒有基本面可言，比特幣的價格純粹是由其他買家願意支付的價格決定的，而人群的情緒是變化無常的。”

With a safer regulatory environment will also come a wave of new investors looking to buy crypto. The value of crypto tokens is fundamentally based on interest from investors, so this should prove positive for the space.

隨著更安全的監管環境，也將出現一波尋求購買加密貨幣的新投資者。加密代幣的價值從根本上取決於投資者的興趣，因此這對該領域來說應該是積極的。

Laith Khalaf said: 'Seven million people in the UK now own some crypto, according to the FCA, not far off the number who have some money in a stocks and shares Isa.'

Laith Khalaf 表示：“根據 FCA 的數據，英國現在有 700 萬人擁有一些加密貨幣，這與持有股票和 Isa 股票的人數相差不遠。”

In fact, Star Busmann says 2025 will likely see the largest ever influx of crypto investors as a result of greater regulation and impending legislation making crypto a more acceptable asset class.

事實上，Star Busmann 表示，由於更嚴格的監管和即將到來的立法使加密貨幣成為更容易被接受的資產類別，2025 年可能會出現有史以來最大規模的加密貨幣投資者湧入。

'I expect that the price of bitcoin will continue its upwards momentum in 2025. But with a multitude of potential catalysts like growing corporate treasury adoption, discussions of national strategic stockpiles and the prospect of US regulatory clarity in 2025, to name a few, it promises to be an exciting year in this space.'

「我預計比特幣的價格將在2025 年繼續保持上漲勢頭。但由於存在多種潛在的催化劑，例如越來越多的企業財務採用、對國家戰略庫存的討論以及2025 年美國監管明確化的前景等等，比特幣價格將在2025 年繼續保持上漲勢頭。