Carol Alexander, a professor of finance at the University of Sussex in the UK, believes that $200,000 Bitcoin is possible. Carol Alexander noted, "I am more optimistic about 2025 than ever before," adding that the price of Bitcoin "could easily reach $200,000, but there is no sign of reduced volatility." Alexander clarified that she does not actually own any Bitcoin herself. "By next summer, I expect it to trade at $150,000 plus or minus $50,000." Supportive regulation in the United States will boost Bitcoin, however, the lack of regulation of cryptocurrency exchanges will continue to cause volatility as high-leverage trading will cause prices to fluctuate up and down.
Carol Alexander is reported to have a good record in predicting Bitcoin prices. Last year, she believed that Bitcoin would reach $100,000 in 2024, which is indeed the case. (CNBC)