Prominent crypto traders believe Bitcoin’s $150,000 target is too low, arguing that cryptocurrency could exceed this figure with broader national, fund, and corporate adoption.
Bitcoin Price Growth Projections
Trader Alex Becker classified the $150,000 target as 'silly low' and is confident that should it reach this price, discussions will shift to $250,000 or even $400,000. Will Clemente also suggests a long-term value at a possible $1 million.
Institutional Investment Interest
The $1.97 trillion market capitalization of Bitcoin reflects significant institutional purchases, which solidifies its status as a store of value. VanEck predicts Bitcoin will reach $180,000 by the end of 2025, while Bitfinex anticipates up to $200,000 by mid-2025.
Political Background and Market Impact
Political events, such as Donald Trump's upcoming inauguration, have boosted market optimism. Reports suggest changes in crypto policies could profoundly impact the market. Bitcoin might climb to $150,000, echoing movements similar to past presidential inaugurations.
Market analysts and traders agree that Bitcoin’s $150,000 price target is well below its actual potential. With increasing adoption at institutional and national levels, Bitcoin could surpass this target significantly.
