Bitcoin Price Forecast Of $150,000 ‘Too Low’ Amid Rising Adoption, Crypto Trader Says

Ash Tiwari

5 months ago

3 mins read

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As Bitcoin (BTC) surges past $100,000 once again, edging closer to a new all-time high (ATH), most crypto analysts predict the premier cryptocurrency will peak around $150,000 during this market cycle. However, some experts argue that such a target is “too low” for BTC, considering its growing adoption and evolving market dynamics.

$150,000 Target Too Low For Bitcoin

Crypto trader Alex Becker recently took to X to share his thoughts on Bitcoin’s price momentum. The trader said that although the consensus points to BTC peaking at $150,000 this cycle, he believes that the target is “way too low and way too short.”

Becker argued that at $150,000, Bitcoin’s market capitalization would only represent one-sixth of gold’s, leaving significant room for growth. He described the idea of BTC reaching merely one-sixth of gold’s market cap as “silly low.”

At the time of writing, Bitcoin’s total market cap stands at $2.06 trillion. In comparison, gold commands a significantly larger market cap of approximately $18.5 trillion.

As for why, the trader noted that unlike past market cycles, things are vastly different for BTC during the current cycle. The top cryptocurrency is poised to benefit from favourable regulations under Donald Trump’s administration, alongside increasing adoption by corporations and sovereign nations as a store of value.

Becker projects that, driven by these factors, BTC could peak anywhere between $250,000 and $400,000. His outlook aligns with that of crypto analyst Will Clemente.

In a recent post on X, Clemente noted that if a nation adopts Bitcoin as a strategic reserve asset, it could trigger a domino effect, compelling other countries to follow suit. Clemente elaborated:

Once a nation adopts BTC as a strategic reserve asset, it becomes inherently nationalist to DCA into said asset. Then apply this to every nation on Earth that wants to keep its purchasing power simultaneously in game theoretic fashion.

BTC Supply Crunch Nearing?

As more corporations add Bitcoin to their balance sheets and speculation grows about the potential establishment of a US strategic Bitcoin reserve, the active supply of BTC may come under pressure.

Crypto analyst Miles Deutscher recently pointed out in an X post that Bitcoin balances on crypto exchanges have hit a fresh seven-year low. Historically, reduced exchange supply correlates with sharp, parabolic price increases for the asset.

btc supply — Source: Miles Deutscher on X

Other projections estimate BTC could reach a peak of around $200,000 by the summer of 2025. At press time, Bitcoin is trading at $103,973, up 5.7% in the past 24 hours.

Featured image from Unsplash, Charts from X and TradingView.com

Ash Tiwari

Ash is a dedicated crypto researcher and blockchain enthusiast with a passion for diving deep into the evolving world of decentralized technologies. With a background in writing and a natural curiosity for how digital assets are shaping the future, he has immersed himself in various sectors of the cryptocurrency space, including decentralized finance (DeFi), NFTs, and liquidity mining. His journey into crypto started with a desire to fully understand the technology behind it, leading him to explore and engage with these systems firsthand.

Ash’s approach to DeFi goes beyond surface-level research as he actively participates in decentralized protocols, testing their functionality to gain a deeper understanding of how they operate. From experimenting with staking mechanisms to exploring liquidity mining strategies, he is hands-on in his exploration, which allows him to provide practical, real-world insights that go far beyond theoretical knowledge. This immersive experience has helped him develop a comprehensive grasp of smart contracts, token governance, and the broader implications of decentralized platforms on the future of finance.

In the NFT space, Ash’s interest is driven by the technology’s potential to reshape ownership and creativity in the digital age. He has explored various NFT projects, gaining insights into how these digital assets function within different ecosystems. His focus is on understanding the evolving relationship between creators and communities, as well as the innovative uses of blockchain technology to establish authenticity and provenance in the digital world. Ash’s research in this area often touches on the intersection of culture, technology, and community-driven projects.

A key area of his expertise lies in liquidity mining, where he has engaged with various decentralized platforms to understand how liquidity provision contributes to the functionality and security of DeFi ecosystems. Ash’s hands-on involvement has allowed him to analyze the risks, rewards, and broader implications of liquidity pools, giving him a well-rounded perspective on this integral part of DeFi. His understanding of risk management and protocol design allows him to provide insights into how these systems can be navigated effectively, with an emphasis on both opportunity and caution.

When it comes to communicating these complex topics, Ash’s writing is grounded in clarity and depth. He excels at breaking down intricate blockchain concepts into easily digestible information for a wide audience. Whether explaining the workings of decentralized exchanges or outlining the future potential of blockchain technology, Ash ensures that his content is accessible to both those new to the space and experienced participants looking for deeper insights.

Beyond DeFi and NFTs, Ash explores a wide array of emerging blockchain applications. His research spans areas like cross-chain technologies, decentralized governance, and blockchain’s potential to integrate with traditional finance. He is continuously learning and adapting to the latest developments, ensuring that his insights are both timely and relevant. His interest extends to how these technologies are creating new possibilities for decentralization, transparency, and trust in a variety of industries.

Ash’s commitment to engaging with the crypto space firsthand gives him a unique perspective that goes beyond what can be learned from research alone. His practical involvement allows him to stay ahead of the curve, offering readers and enthusiasts a clear and comprehensive understanding of the rapidly evolving world of blockchain. Whether delving into the technical mechanics of DeFi or exploring the cultural impact of NFTs, Ash’s approach is always rooted in curiosity, research, and a desire to make this technology accessible to all.

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