Jack Mallers, CEO of Strike, anticipates that Bitcoin $82,769 will experience significant growth by the end of 2025. Currently, Bitcoin trades around the $101,000 mark.
Weakening of the US Dollar
Mallers indicates that the US dollar will weaken in the coming months due to quantitative easing (QE), positively impacting Bitcoin. Historically, QE has contributed to Bitcoin’s value increase.
However, Mallers warns that Bitcoin may face volatility in the short term. This uncertainty has heightened with the recent inauguration of President Donald Trump.
“I expect volatility in the short term and am optimistic in the long term. The US dollar will need to weaken, and Bitcoin will be the best option against a declining dollar and increasing fiat liquidity.”
Additionally, Mallers notes that heightened uncertainty in the markets could cause Bitcoin to stabilize around the psychological $100,000 level.
“Markets prefer certainty, and volatility occurs when there is uncertainty. I wouldn’t be surprised if Bitcoin stabilizes at this level in the next month or two.”
The Future of Bitcoin
As this article is being written, Bitcoin is trading at $102,282, having experienced a $3,000 drop on a daily basis. Mallers believes that Bitcoin will be the best-performing asset in the future.
Supporting the view that Bitcoin is the only stable asset to hold against a weakening dollar, Mallers predicts long-term appreciation of the cryptocurrency. Observing economic indicators, investors continue to assess Bitcoin’s potential.
Despite market fluctuations, Bitcoin investors are focusing their strategies on long-term values. In a period of ongoing economic uncertainty, the role of cryptocurrency may become increasingly significant.
Those looking to learn more about Bitcoin can make informed investment decisions by monitoring economic trends and market analyses.