As a seasoned investor with over two decades of experience under my belt, I’ve seen my fair share of market predictions and trends come and go. However, when it comes to Tom Dunleavy’s forecast for Bitcoin, Ethereum, and Solana, I must say I find his analysis intriguing.
As the New Year approaches within twenty days, renowned crypto analyst Tom Dunleavy has shared his insights on potential growth for Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) during Donald Trump’s first presidential term. According to his predictions, these digital currencies are expected to surge by over 150% in the upcoming year.
Bitcoin, Ethereum, and Solana Price Targets
As a crypto investor, I’m feeling quite optimistic about the future price projections for Bitcoin, Ethereum, and Solana. According to an analyst, Bitcoin could potentially reach $250,000 by 2025, which would be a significant jump from its current price. Similarly, Ethereum might trade at around $12,000, and Solana could top $700 – both also representing potential increases from their current values.
Dunleavy drew upon President Nixon’s termination of the Gold Standard in 1971 to justify his optimistic projection. He analogized this to Donald Trump’s recent interest in cryptocurrency, implying that, just as gold experienced a dramatic 20-fold price surge at its close, Bitcoin and other digital currencies might mirror such a pattern of growth.
How we think 2025 plays out
Targets
$250k BTC
$12k ETH
$700 SOLIn the context of the United States, President Nixon’s decision to end the Gold Standard in 1971 might be compared to a significant turning point, much like the Trump administration’s adoption of cryptocurrency. (Credit goes to…)
— Tom Dunleavy (@dunleavy89) December 11, 2024
In light of the current market situation, the price of Bitcoin stands at approximately $100,516.77, marking a 3.48% rise over the past day.
To reach Dunleavy’s forecasted Bitcoin price level, it must gain approximately 148.6% more, which translates to a significant increase. Contrastingly, Ethereum has recovered to $3,814.89, boosted by a 5.76% growth. However, it requires up to a 215.8% price hike for it to reach $12,000. Similarly, Solana must experience an increase of approximately 206.18% after its recent 8.2% rise, in order to trade at $700.
Quarter by Quarter Projection on Trend to Watch
As an analyst, I’d like to delve deeper into the details provided by Dunleavy regarding the anticipated price surges for these digital currencies. He presented a comprehensive breakdown on a quarter-by-quarter basis, offering insights into the potential factors that could contribute to these projected rallies.
During the beginning of the Donald Trump administration in January, he considers the first 100 days as vital for making Americans understand that his crypto policy is a top priority. This will be demonstrated through the adoption of favorable crypto regulations, market frameworks, and potentially even the creation of a strategic Bitcoin reserve.
In Q2, Dunleavy anticipates a growing number of traditional financial institutions entering the digital assets marketplace.
A few individuals might consider venturing into the Bitcoin and Ethereum ETF avenue to acquire a piece of the cryptocurrency sector. He emphasized that the third quarter may not present a particularly enticing picture, as prices are expected to decline. Nevertheless, according to predictions, the market will experience a robust upswing in the fourth quarter, leading to a recovery that will persist into 2026.
Significantly, the accuracy of this prediction hinges upon the appointment of individuals like Paul Atkins, Scott Bessent, and others who are supportive of cryptocurrency, as they may play a crucial role in fulfilling the organization’s objectives related to digital assets.
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2024-12-11 19:40