There’s a hot debate going on right now about the future prospects of Bitcoin in the coming months of this year. Several expert analysts are predicting that BTC could achieve a $150,000 valuation by year end. Some even believe that this projection is far too conservative.
According to a post on X by popular crypto trader Alex Becker, he believes Bitcoin is poised to exceed the $150,000 price target that many have suggested for the current cycle. However, he describes this figure as “silly low,” given the increasing likelihood of adoption by numerous nations, funds, and corporations in the coming years.
His post reads, “There’s absolutely no reason for us to stop or cap at $150,000. If we hit that mark, it only strengthens the case for reaching between $250,000 and $400,000.”
Everyone and their dog thinks we are entering the final BIG leg of the cycle towards a $150kish Bitcoin.
— Alex Becker 🍊🏆🥇 (@ZssBecker) January 16, 2025
Call me crazy, but I think we are calling this way to low and way to short.
$150k is only 1/6th the market cap of gold.
We have the biggest funds, nations and corporations…
Echoing Becker's sentiments, Galaxy Digital CEO Michael Novogratz, in an interview with Bloomberg, said Bitcoin "heads to $500,000" if the US creates a strategic BTC reserve.
He elaborated: “When Trump advocated nationally that he’s going to be a pro-Bitcoin president, other presidents heard that. And now that he’s the president, I believe that we’re strapping in for what could be an amazing rally.”
🇺🇸 Galaxy Digital CEO says Bitcoin "heads to $500,000" if the US creates a strategic BTC reserve 🚀 pic.twitter.com/M5SjhKwAGy
— Roxom (@roxom) January 2, 2025
Additionally, a market report from crypto mining firm Blockware Solutions also offers insights into what’s in store for BTC in 2025. From the report, BTC is expected to reach $150,000 as a bear case target in a scenario where Donald Trump does not implement his Bitcoin Strategic Reserve plan.
Researchers from Blockware Solutions further suggest that the base case could be around $225,000 but might potentially rise to as high as $400,000 when Trump does create the proposed Bitcoin Strategic Reserve and there's increased adoption of Bitcoin by people and institutions.
With Donald Trump’s inauguration just days away, expectations are mounting among crypto market participants. Many anticipate he will unveil plans for cryptocurrency initiatives right from his first day in office.
A source familiar with the situation informed the Washington Post on January 13 that Trump is expected to address crypto de-banking issues and reverse a bank accounting policy that requires banks to classify digital assets as liabilities.
As U.S. President-elect Donald Trump prepares to return to the White House on January 20, his first day in office could be marked by executive actions that may significantly impact the cryptocurrency industry.
— XXKK (@XXKK_OFFICIAL) January 15, 2025
According to a report by The Washington Post on Jan. 13, Trump is… pic.twitter.com/touR9Fp3Ei
Reiterating the impact that Trump’s assumption of office will have on the price of BTC, pseudonymous crypto trader Mister Crypto highlights Bitcoin price movement on his X post. His post linked to a video on YouTube where he pointed out that Bitcoin is exhibiting similar price movements to those seen during previous presidential inaugurations.
“Trump will pump all our bags in 3 days,” Mister Crypto boldly stated in reference to his illustration of Bitcoin's price trajectory heading toward $150,000.
Trump will pump all our bags in 3 days.
— Mister Crypto (@misterrcrypto) January 17, 2025
If Bitcoin were to achieve a price of $150,000, it would represent a 47% increase from its current value of $102,469 and a 39% rise from its all-time high of $108,249, according to CoinMarketCap.
Going back to Becker’s post on X, another important takeaway to note is where he said, “A $150,000 Bitcoin price would equate to a market capitalization roughly one-sixth that of gold.” He emphasized that this valuation is “absolutely silly low” considering the potential for major countries, funds, and corporations to utilize Bitcoin as a means of preserving value.
As of now, Bitcoin boasts a market cap of $1.97 trillion, while gold's market cap stands at approximately $18.44 trillion.
Emmanuel Ekokotu
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