Nansen CEO Alex Svanevik believes that there are five major positive factors that will make 2025 a super bull market, including Trump’s victory, the dismissal of Gary Gensler, continued interest rate cuts by the Federal Reserve, the end of the Russia-Ukraine war, and the formal establishment of the FIT21 Act as law.
(Background information:
Bitcoin surpasses $69,000! Bitwise CEO: Seven positive factors driving BTC to $100,000
)
(Background supplement:
Nansen CEO: 2025 to experience the largest bull market in history, implying a downturn at the end of the year?
)
Alex Svanevik, CEO of the well-known blockchain analytics platform Nansen, posted on the evening of October 20th, stating that he believes 2025 will be the largest bull market in history.
Five positive factors driving Bitcoin’s rise
Regarding his perspective, Alex Svanevik did not provide a clear explanation on the evening of the 20th, nor did he specify when in 2025. Does it imply that there is still room for a decline in the fourth quarter of this year or even next year? It is thought-provoking.
In response, he posted again on the evening of the 21st, stating that there are five major positive factors that will stimulate the cryptocurrency market to skyrocket, specifically including:
However, whether these five factors will materialize is still questionable. Will Trump be reelected? Will the Russia-Ukraine war continue for a longer period? In addition, the market has already priced in expectations of interest rate cuts by the Federal Reserve. Overall, Alex Svanevik’s prediction does not offer particularly novel viewpoints (or perhaps he is unwilling to disclose?). Investors need to evaluate for themselves.
What other positive factors are there?
Regarding the future direction of Bitcoin, Matt Hougan, CEO of asset management company Bitwise, also previously stated that there will be seven major factors driving Bitcoin’s rise to $100,000.
Related reports:
Bitcoin breaks $69,500, Ethereum surges to $2,750, BTC consolidation for half a year will reach a new high?
European Central Bank report: Bitcoin exacerbates “wealth inequality,” unfair distribution undermines democratic foundation
SEC approves first batch of 11 Bitcoin spot ETF options, analyst: Leverage effect will cause prices to soar