Optimism about Bitcoin’s future remains sturdy, with a crypto analyst predicting a massive $100,000 price raise for the pioneering cryptocurrency. The analyst believes that with expectations for an even bigger price raise of $100,000 ATH for Bitcoin in 2025 is the nominal target price.

Why Bitcoin Will Rise to $100,000 in 2025

Luke Broyles, a prominent cryptocurrency analyst and Bitcoin enthusiast, recently delved into the discussion on the relationship between Bitcoin Price and Inflationspecifically how inflation in the United States (US) affects the value of cryptocurrency over time. Analyst he argues that the nominal price of Bitcoin could reach $100,000 by 2025 due to inflation. However, the scale of this price rally will barely reach 2021 levels.

Before he made $100,000 bullish forecastBroyles predicted that Bitcoin could soon soar to $65,000. He compared his predicted price jump to Bitcoin’s all-time high in 2021, which was over $69,000.

According to the analyst, the actual value of the 2021 ATH, adjusted for inflation, is currently $83,000 in the market. This means that even if the current value of Bitcoin increases to novel levels around $65,000cryptocurrency would not have the same purchasing power as in 2021.

Broyles predicts that there will likely be more money printing over the next six to eight months, potentially increasing inflation. He then predicts that this raise in inflation could be a catalyst for pushing Bitcoin price up to $95,000.

Commenting on the analyst’s predictions, a member of the cryptocurrency community questioned his analysis Bitcoin’s Future Trajectoryemphasizing that the $95,000 price raise was a bearish signal.

Another crypto member he claimed This inflation in the usa is much higher than sources report, stating that “true Bitcoiners” believe inflation is at least 21% per year, which would make Bitcoin worth $210,000. Responding to the member, Broyles expressed skepticism about the claim of 21% inflation, but admitted that inflation could be as high as 12%, 14%, and 16% per year.

In the previous post Broyles analyzed current status Bitcoin Bull MarketAccording to the analyst, the market cycle is halfway through, 50% of the expected schedule has been completed and 40% of the potential returns have been achieved. In addition, Bitcoin Market Sentiment has developed in only 10%, and the fear of missing out (FOMO) is only just developing and amounts to only 5%.

Analyst predicts next BTC peak

September 24, cryptocurrency analyst Ali Martinez predicted Next Bitcoin market peak in this cycle. According to Martinez, if Bitcoin’s long-term power law holds true, the market can expect the cryptocurrency’s next high to be $400,000.

Bitcoin’s power law is a concept or theory that suggests a specific mathematical relationship between the price of a bitcoin and its value. market behavior or adoption. At the time of writing, Bitcoin is trading at $63,807, up 8.76% over the past week.

Featured image created with Dall.E, chart from Tradingview.com