[Analysis] "Bitcoin Could Reach $150,000 Next Year Even in Worst Case"

Bitcoin (BTC) is expected to reach $150,000 next year even in the worst case where it is not adopted as a strategic reserve asset by the U.S. government.

On the 29th (local time), a market outlook report from Blockware Solutions, cited by Cointelegraph, projected that "even if the Donald Trump administration does not adopt Bitcoin as a strategic reserve asset next year, it could reach $150,000, a rise of about 58% from the current price."

The report observed that "if the Federal Reserve's interest rate cuts, continued institutional adoption of Bitcoin, and the U.S. government's introduction of strategic Bitcoin reserves occur, the price of Bitcoin could reach $225,000."

Meanwhile, Jack Mallers, CEO of Strike, predicted that Trump is likely to issue an executive order designating Bitcoin as a reserve asset for the U.S. on his first day in office.