Zinger Key Points
- The current cycle is expected to conclude in Q4 2025, driven by Bitcoin’s historical price movements and macro conditions.
- Optimism grows as Trump’s administration is expected to appoint an SEC chair favorable to Bitcoin and cryptocurrency.
- Get New Picks of the Market's Top Stocks
Bitcoin BTC/USD could hit a benchmark price of $193,000 by the end of its current cycle, according to Michael Terpin, founder and CEO of Transform Ventures.
What Happened: Terpin, who tied the projection to Bitcoin's historical price movements and favorable macroeconomic conditions, also noted that the price could range between $200,000 and $300,000 if the environment improves further.
He was speaking at Benzinga’s Fintech Deal Day on Nov. 19.
At the event, he also announced the launch of his book “Bitcoin Supercycle,” which explains his "Four Seasons of Bitcoin" model, which shows how the price of Bitcoin moves in reliable cycles similar to those of real estate and stock markets—and gives readers the numbers, evidence, charts, and strategies to take advantage.
"My price prediction is going to be three times the halving price, which would be about $193,000 as a benchmark," he stated during the panel.
Later speaking with Benzinga, he emphasized that macroeconomic factors, particularly under President-elect Donald Trump's administration, could influence Bitcoin's trajectory. "With Trump being in office, the macro should be good. So I believe we'll be between $200,000 and $300,000 by the end of the cycle."
Also Read: ‘Dogecoin Millionaire’ Predicts Ethereum To Hit $15,000 If Bitcoin Cracks $200,000
Cycle End Predicted in Q4 2025
Terpin suggested that the current cycle is likely to culminate in the fourth quarter of 2025, potentially around November or December.
Bitcoin's strong performance this year, delivering returns exceeding 130%, was cited as evidence of the cryptocurrency's ability to outperform traditional asset classes like stocks and real estate.
Trump's Impact on Crypto Regulation
The discussion also highlighted optimism surrounding Trump's administration and its potential impact on cryptocurrency regulation.
Terpin described Trump as the "first Bitcoin president," expressing confidence that the incoming administration would appoint a Securities and Exchange Commission (SEC) chair who is favorable to Bitcoin.
"There's renewed optimism. I think [Trump] will take a head of the SEC who is friendly to Bitcoin," he added.
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