Bitcoin could be worth $500,000 in 2025

The American businessman Robert Kiyosaki has predicted Bitcoin will reach $500,000 by the end of 2025. A vocal supporter of BTC, Kiyosaki has been overly bullish in the past – with most analysts saying these numbers are unlikely until the end of the decade, if at all. But Kiyosaki’s forecast is not without some basis.📈

In a recent analysis by The Motley Fool, they showed that the year following a Bitcoin halving resulted in an average 400 per cent increase in price. As they point out, this would result in a $500,000 price point in 2025. Writing for the outlet, financial blogger R J Fulton said:🔊

“On average, in the year after a halving, Bitcoin returns a blistering 400 per cent. The most obvious reason for such monumental performance during these years is that the market begins to adjust to the halving, meaning that in these years the supply shock finally materializes.🪙

“If this happens again and Bitcoin finishes 2024 in line with the historical average, that would put its price around $500,000 in 2025.”💵

Although Fulton rightly points out that past performance is no guarantee of future results, he says there are many reasons to remain optimistic about the price of BTC going forward.🤑

While a $500,000 price point may be overly optimistic, analysts agree that in 2025 the scene is set for Bitcoin to reach new all-time highs.📈