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Could bitcoin be on the verge of reaching new all-time highs? Austin Arnold, Co-host of Altcoin Daily, sat down with Gareth Soloway, Chief Market Strategist at Investing Education-Investing and Trading Courses, to discuss the cryptocurrency's potential to hit $108,000—or even surge to $200,000—in the near future.

When asked about his 2025 cycle top expectation, Gareth Soloway responded, "Over the next month or two, $108,000, $107,000 is my high with a correction back to $74,000 to $75,000 by end of next year." He emphasized the uncertainties that make long-term predictions challenging, citing factors like inflation and government spending.

Soloway elaborated on the influence of political decisions, saying, "We're talking about massive tariffs, which can be inflationary... if they can bring spending down and the deficit starts to shrink, then bitcoin as a digital gold is less valuable to me." He pointed out that excessive government spending and ballooning deficits could drive bitcoin prices higher .

Austin Arnold pondered the potential for even greater heights, suggesting that under a "perfect storm," bitcoin could reach "$150,000 to $200,000 by end of next year." Soloway agreed that while "$200,000 seems really crazy... at least $150,000 is very realistic," especially if economic conditions worsen.

Discussing the upcoming Trump inauguration, Arnold asked, "How much of the Trump inauguration on January 6th with Trump being the bitcoin president, do you think that could be a rally into a local top at $108,000?" Soloway predicted, "Investors are pricing in this lofty expectation... anything less would be a slight disappointment, and that's where you get that local top at $107,000 to $108,000." He warned that slower-than-expected political actions could "bring in price" corrections.