Bitcoin prices have recently approached $100,000 per coin as President-elect Trump's pro-cryptocurrency rhetoric has boosted crypto-related markets.
Metafide CEO said: "The only place (Bitcoin) can go is up from here. We can definitely reach $100,000 this year. We may exceed $250,000 next year, and by the end of 2027, $500,000 may be completely achievable."
He said that if Trump introduced a cryptocurrency agency during his second term, it would help legitimize Bitcoin as an asset and add "more stability."
He added: "As more and more people enter, the market will stabilize, and over time, it will become more and more like a mature market." (Jinshi)