eToro CEO Predicts Bitcoin to Hit $100,000 by 2025: Bullish Outlook Ahead
The CEO of the investment platform eToro, Yoni Assia, believes that Bitcoin (BTC) is still poised to surpass the $100,000 mark despite its recent decline in value.
In a recent interview with crypto trader Scott Melker, Assia expressed the view that BTC is likely to regain bullish momentum toward the end of the year.
Assia also pointed out that Bitcoin has historically seen significant price surges about a year after each halving event. He expects this pattern to continue, saying,
“In theory, the bull run should be in 2025, much like in 2021, 2017, and 2013.
There’s a very famous saying, ‘History does not repeat itself, but it sure does rhyme.’ So, I would be surprised if we don’t see a rally in 2025. I’d be surprised if we don’t see Bitcoin above at least $100,000 by the end of 2025.”
The next Bitcoin halving event, which halves BTC miners’ rewards, is scheduled for April 2024.
Currently, Bitcoin is trading at $25,145, reflecting a decrease of over 2% in the last 24 hours.