Stacks CEO: I would be very surprised if the price of Bitcoin does not reach $150,000 by the end of the year

2025-01-16 10:43:25

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ChainCatcher news, according to Coindesk, Bitcoin Layer 2 project Stacks co-founder and CEO Muneeb Ali stated in an interview that he would be surprised if Bitcoin's price does not reach $150,000 by the end of the year, and he expects Bitcoin's price to potentially touch $200,000.

Ali believes that the four-year cycle theory is still valid, and the current cycle will end in the fourth quarter of 2025. Additionally, he pointed out that if Trump is elected president, it will have significant positive implications for the crypto industry, especially with his appointment of crypto and AI head David Sachs, who has a deep understanding of cryptocurrencies.

Ali also emphasized that if a Bitcoin reserve plan is implemented nationwide or in some states, it will send a strong signal to the world.

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