Coin Bureau channel host Guy Turner predicts a bullish outlook for Bitcoin (BTC) and other crypto assets in the coming months.
Turner told the 2.44 million subscribers on Coin Bureau's YouTube channel that it will be about nine months before Bitcoin and other crypto assets record huge gains.
In fact, BTC and altcoins are likely to end the year much higher than their recent prices. This means that BTC's all-time high could approach $100,000, breaking the all-time high of not only meme coins but most altcoins. 2025 is when prices could truly go parabolic. ”
At the time of writing, Bitcoin is trading at $67,169.
The Coin Bureau host explains what is influencing his bullish thesis for crypto prices in 2025.
“Besides the fact that there will be more political certainty in the US, and thus more geopolitical certainty, it is very likely that most central banks will have cut interest rates by the time 2025 begins. At the same time, They will be legally allowed to hold crypto assets on their balance sheets.”
Volatility is likely to set this crypto market cycle apart from all previous cycles, Turner said.
“From our perspective, it seems likely that the crypto market will see an unexpected rally regardless of inflation adjustments. It's probably the biggest we've ever seen. Remember, there will be a recession at some point. And if it comes, Outflows will be similarly large.”
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