Blockware: Bitcoin's potential price range in 2025 is predicted to be between $150,000 and $400,000

Odaily reported that cryptocurrency mining company Blockware stated in its market forecast report that by 2025, the price of BTC could quadruple, and in the worst case, it could still increase by 58%, depending on Trump's strategic BTC reserve plan and the Fed's policy. Blockware believes that if Trump "does not execute" the strategic BTC reserve, a bear market target price of $150,000 is possible, which the industry hopes can be achieved in the early days of his administration. Strike founder and CEO Jack Mallers said Trump is likely to issue an executive order on his first day in office, designating BTC as a US reserve asset. Meanwhile, Blockware said that even if the Fed "further reverses" its rate cut direction, long-term holders (addresses holding BTC for more than 155 days) "actively" selling BTC, the bear market target price could still be achieved. Blockware added that if the following three factors converge, BTC price could reach a "bull market" of $400,000: first, with the Consumer Price Index (CPI) declining, the Fed must take a "more moderate stance"; second, companies must accelerate BTC adoption, with one of the "Big Tech" - Alphabet, Amazon, Apple, Meta Platforms, Microsoft, Nvidia or Tesla - must add BTC to its balance sheet; finally, the US government must not only convert its existing BTC holdings into strategic BTC reserves, but also accumulate more BTC, although Galaxy Digital recently said this outcome is unlikely. As the "base case", assuming the US government converts its BTC holdings into strategic BTC reserves, the Fed cuts rates as expected, and corporate adoption continues at the "current pace", Blockware sets the BTC target price at $225,000.