Lin Alden believes that the trend towards an increase in the share of digital currencies in investment portfolios will continue
The founder of Edelman Financial Engines, Rick Edelman, expressed confidence that the Bitcoin rate can rise to $150,000 in 2025. According to him, the world is currently experiencing a “crypto winter that lasts much longer than many expected.” But this situation is already changing, and by the summer of 2025, BTC could rise significantly.
“We are starting to see dramatic changes. We are getting rid of the bad guys in the cryptocurrency space,” Edelman said.
He’s not the first to be bullish on Bitcoin either. Recently, the CEO of the investment company Morgan Creek Capital, Mark Yusko, said that by mid-2024 the price of the main crypto coin will reach $150,000 if the US authorities approve a spot bitcoin ETF.
Meanwhile, well-known expert in the field of economic economics, Lin Alden, believes that the trend towards increasing the share of digital currencies in investment portfolios will continue, which means a significant increase in the capitalization of the crypto market. She also believes that most retail investors want to increase the share of “liquid and globally moveable” crypto assets in their portfolios.
“What percentage of capital would you like to see in this asset? I think a reasonable answer is much higher than the current figure. After all, now it is less than 1%. But what if we increase it to 5% or to 10%? The capitalization of cryptocurrencies will soar to indecent heights,” predicts the macrostrategist.
In addition, Alden pointed to the active development of Bitcoin. The hash rate of the BTC network is growing, more and more people have a clear understanding of the possibilities of digital currencies.
“A lot of people are thinking, ‘Is Bitcoin better than our fiat currency?’ And if the answer is “yes,” then they act accordingly, increasing the share of cryptocurrencies in the portfolio,” concluded Alden.