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Bitcoin To $250,000, Ethereum To $12,000: Here’s When, Says VC CIO Newsbtc 12 dic 2024

Bitcoin To $250,000, Ethereum To $12,000: Here’s When, Says VC CIO 🚀

Tom Dunleavy, Chief Investment Officer at MV Global, shares his bullish forecast for major cryptocurrencies, predicting Bitcoin at $250,000, Ethereum at $12,000, and Solana at $700 by 2025. His analysis compares current US policies to historical economic shifts like the 1970s Gold Standard removal, suggesting significant price increases.

Dunleavy anticipates market growth during the first quarter of 2025, driven by the new administration's crypto agenda and legislative advancements, particularly in market structure and stablecoins. A correction is expected during the US tax season.

In the second quarter, gradual institutional adoption is anticipated, with potential approval of Bitcoin and Ethereum ETFs by firms like Merrill Lynch. Ethereum may benefit more due to Solana's lack of an ETF.

The third quarter may see price consolidation. However, new crypto ETFs could catalyze movement, with September noted as crucial for SEC rulings.

Finally, a strong price surge is expected towards the end of the year, extending into 2026, supported by a passive ETF bid.

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