Bitcoin Bull Run to $500k Predicted for 2025 on ETF Hopes
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Bitcoin recently surged to $35k on optimism about a spot Bitcoin ETF and flight to safety.
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Stephan Livera expects approval of a spot Bitcoin ETF in 2024, triggering a massive bull run peaking around $500k.
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Livera sees Bitcoin rising slowly to $40k into next year's halving, then dropping post-halving before the next bull run.
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The 2024 halving and ETF approval will bring many new investors, driving the rally to $500k.
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Livera predicts Bitcoin will hit $500k in 2025/2026 then crash 80% to $100k.