Rogoff Recounts Bitcoin Forecast Miss & Insights Into the Unpredictable Digital Asset Boom

In a striking retelling of his past prediction, Harvard economist Kenneth Rogoff recently reflected on how his 2018 forecast regarding Bitcoin’s fate dramatically missed the mark. Back then, Rogoff believed Bitcoin would tumble to $100 due to its illicit use and anticipated swift global regulatory action. Fast forward to 2025, and Bitcoin has soared past $113,260, hitting a record high of $124,128 in the process. This incredible rise has forced Rogoff to reconsider his earlier prediction, offering valuable insights into the unpredictable nature of digital assets.