As Donald Trump heads back to the White House, a University of Sussex professor who has been successfully predicting bitcoin (BTC) prices since 2021, is forecasting unprecedented highs which may breach $100k per token.
Prof Carol Alexander of the University of Sussex Business School says bitcoin’s rapid rise in the immediate wake of the US election is likely to continue before Trump’s inauguration on 20th January 2025. She also believes the lesser-known currencies ether (ETH) and dogecoin (DOGE) will keep moving in the same direction, especially with the latter’s links to key Trump ally Elon Musk.
Prof Alexander, who does not hold bitcoin herself, told CNBC back in January that if Trump won, the price could reach $100k by the end of this year, but only if Blackrock and Fidelity ETF Market Makers managed to reduce volatility. Today, she has confirmed that bullish forecast, while issuing a stark warning as we enter a new age of deregulation.
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