Bitcoin, High Possibility Of Surpassing 250,000 Dollars This Year…Institutional Demand Is The Key

The 뉴스 · 25/05/17 23:43:58 · mu/뉴스

Renowned cryptocurrency investor Scott Melker forecasted that Bitcoin (BTC) has a very high possibility of surpassing $250,000 by 2025. According to Cointelegraph, Melker analyzed, "As institutional demand and interest increase, and market volatility decreases, the price of BTC will surge."

He explained, "In the past, Bitcoin's volatility was about three times compared to the S&P 500, but it has currently reduced to less than twice." This reduction in volatility is interpreted as a sign that the market is gradually stabilizing with increased participation from institutional investors such as pension funds.

In particular, Melker predicted that as more Wall Street capital flows in, participation from long-term investors will increase even further, and volatility will decrease even more. The entry of institutional funds will be a key driver supporting Bitcoin's price, potentially leading to a strong uptrend surpassing $250,000.

Experts are analyzing Melker's prediction, stating, "If institutional investment intensifies, Bitcoin may experience an unprecedented bull market."

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