According to Foresight News , Nano Labs founder Jack Kong tweeted that Bitcoin's price has grown nearly 400,000 times in 14 years, from $0.25 in 2010 to $98,200 in 2024. However, Bitcoin's bear market bottoms often occur around Christmas, such as in 2014 ($319), 2018 ($3,815), and 2022 ($16,831). He predicts Bitcoin's price will reach $88,000 in 2025, a slight pullback from 2024, reflecting market expectations of cyclical adjustments. He believes this volatility is a characteristic of the growth of digital assets as emerging stores of value.
Nano Labs founder: Bitcoin bear market bottoms often occur around Christmas; predicted price for 2025 is $88,000.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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