As Bitcoin's price continues to be a hot topic among market analysts, many have set a target of $150k for this cycle. However, trader Alex Becker argues this figure undervalues Bitcoin, suggesting instead a range of $250k to $400k given the increasing institutional adoption.
Becker believes comparing Bitcoin to 1/6th of gold’s market cap is misguided, as nations, funds, and corporations increasingly see it as a store of value. Will Clemente, another popular crypto analyst, supports this viewpoint, hoping for a $1 million target.
Firms like Blockware Solutions have expressed varied predictions, some tying future performance to political factors, such as Trump’s potential reserve launch.
