This article is also available in Spanish.
At the beginning of the year, many analysts and market observers shared their price expectations for bitcoin, with many targeting $150,000 for this cycle. However, a $150,000 price target doesn't do bitcoin justice, claims one trader, arguing that the world's flagship crypto asset is entering this cycle with growing institutional adoption.
Related reading
According to Alex Becker (@ZssBecker), a target of $150,000 is “too low and too short” and only represents 1/6 of gold's market cap. Instead, Becker sees a price of $250,000 to $400,000 as a better and more realistic target for bitcoin in this cycle.
A measly 48% gain if bitcoin hits $150,000
According to CoinMarketCap, bitcoin is <a target="_blank" href="https://www.coingecko.com/en/coins/bitcoin” target=”_blank” rel=”nofollow”>trading at $101,690, and if it reached $150,000, this would represent a 48% increase and only a 38% increase from its historical value of $108,249.
<blockquote class="twitter-tweet”>
Everyone and their dog thinks we are entering the BIG final stretch of the cycle towards $150k btc.
Call me crazy, but I think we're calling this too low and too short.
$150,000 is only one-sixth of gold's market capitalization.
We have the largest funds, nations and corporations…
—Alex Becker (@ZssBecker) <a target="_blank" href="https://twitter.com/ZssBecker/status/1880015923349688502?ref_src=twsrc%5Etfw” rel=”nofollow”>January 16, 2025
According to Becker, it is crazy to limit the price of bitcoin to just $150,000. At this value, this is equivalent to only 1/6 of the market capitalization of gold.
In the same post, Becker explains why the digital asset may reach a higher high. It mentions the growing adoption of the flagship cryptocurrency among nations, funds and corporations. Becker adds that many countries and companies see bitcoin as a store of value and want to hold the asset.
The analyst aims for between 250,000 and 400,000 dollars
After calling the $150,000 mark a “dumb low price” for bitcoin, Becker offered a more realistic target for the asset. He argued that bitcoin will rise from $250,000 to $400,000 this cycle.
Becker's sentiments were shared by Will Clemente, another popular crypto analyst. In his January 16 post on twitter/x, Clemente argued that btc will continue to appreciate its market price as soon as more countries adopt a bitcoin reserve fund.
Clemente predicted that bitcoin has the strength to reach $1 million. He further stated that once countries adopt a strategic reserve for cryptocurrencies, it is natural for the government to start storing the asset.
Related reading
Other crypto companies and players point to a higher price for btc
With Donald Trump's presidency Just around the corner, many crypto companies and analysts offer their prices on bitcoin. Blockware Solutions, in a post shared on December 29, said that $150,000 is the “bearish target” for bitcoin should Trump decide not to proceed with plans to launch a btc reserve.
Related reading
However, if the president goes ahead with the plans, the likely base price of the alpha coin is $225,000, which can go up to $400,000.
<a target="_blank" href="https://www.vaneck.com/us/en/blogs/digital-assets/matthew-sigel-vaneck-mid-december-bitcoin-chaincheck/” target=”_blank” rel=”nofollow”>VanEck He also offers a more optimistic outlook for bitcoin, saying that this digital asset can reach $180,000 by the end of the year.<a target="_blank" href="https://www.thestreet.com/crypto/markets/bitcoin-could-surge-to-200000-in-mid-2025-bitfinex-analysts” target=”_blank” rel=”nofollow”> Bitfinex suggested it could reach $200,000 by mid-2025.
According to Becker, the $150,000 target from a few months ago was the target, as only a few institutions invest in the asset. However, in the current landscape of growing adoption and favorable regulations, a $150,000 target simply does not make sense.
Featured image of DALL-E, TradingView chart
<script async src="//platform.twitter.com/widgets.js” charset=”utf-8″>
