Mark Moss believes that Bitcoin’s growth trajectory will outperform traditional financial markets by the end of this year, as the asset is highly sensitive to global liquidity.
“Bitcoin will trade between $100,000 and $150,000 by the end of 2024 or early 2025, and its price depends on two American politicians. If Donald Trump wins, the asset could rise sharply to $400,000. A victory of Kamala Harris in the presidential race could lead to more subdued figures,” Moss said.
The expert noted that Bitcoin is a financial instrument that can be relied upon, unlike cash in banks or shares legally owned by brokers and intermediaries.
According to the analyst, by the end of the first quarter of 2025 it will become clear what the US regulatory policy will be regarding the crypto industry and digital currencies in general.
Earlier, Variant Fund General Counsel Jake Chervinsky said that US regulators may step up prosecution of crypto companies in September.
Source: Bits
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