Bitcoin (BTC) is approaching a new all-time high, surpassing $100,000, and many analysts predict it will peak at $150,000 during this market cycle. However, some experts argue this target is "too low" considering Bitcoin's growing adoption and market dynamics.
Crypto trader Alex Becker shared that Bitcoin's market cap at $150,000 would only be one-sixth of gold's, suggesting more growth. He expects BTC to benefit from regulatory support, corporate adoption, and sovereign recognition, potentially peaking between $250,000 and $400,000.
Analyst Will Clemente noted that a nation adopting Bitcoin as a reserve asset could trigger a global domino effect. Moreover, the decreasing supply on exchanges may drive further price hikes, with some estimates suggesting a $200,000 peak by 2025's summer.
