Crypto analyst Merlijn the Trader has forecasted a Bitcoin price of $220,000 by the end of 2025, based on a fractal pattern reminiscent of the 2017 bull cycle. This prediction aligns with Michael Saylor's bullish stance on Bitcoin, as he continues to advocate for its long-term potential.
Michael Saylor, strategy chairman, emphasized his belief in Bitcoin as the only true form of money, contrasting it with other assets he considers as credit. Saylor also projected that Bitcoin will consistently outperform the S&P 500, suggesting the index could lose nearly 29% of its value annually when compared to Bitcoin.
Bitcoin Price Could Reach $220K by 2025, Analyst Predicts
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