Bitcoin Could Not Exceed $100,000 With Inflation Adjustment

Bitcoin's October Price Surge Evaluated Against Inflation

Alex Thorn, an expert at Galaxy Digital, stated that Bitcoin's price, which exceeded $126,000 in October, did not surpass the $100,000 barrier when adjusted for inflation. He noted that this year's Bitcoin peak amounts to $99,848 when calculated against the 2020 dollar, emphasizing that nominal price comparisons can be misleading.

Thorn highlighted that inflation in the U.S. is expected to rise by approximately 24% from 2020 to 2025, expressing that this complicates long-term price analysis. He argues that, in addition to Bitcoin's nominal value, its inflation-adjusted price provides a more realistic assessment.