Why Bitcoin Won’t Stop At $150K: Expert Targets $250K–$400K

At the start of the year, many market analysts and observers shared their price expectations for Bitcoin, with many targeting $150k this cycle. However, a price target of $150k doesn’t do justice to Bitcoin, says one trader, arguing that the world’s flagship crypto asset is coming into this cycle with increasing institutional adoption.

According to Alex Becker (@ZssBecker), a $150k target is “too low and too short” and only represents 1/6th of gold’s market cap. Instead, Becker sees a price of $250k to 400k as a better and more realistic target for Bitcoin this cycle.

A Measly 48% Gain If Bitcoin Hits $150k

According to CoinMarketCap, Bitcoin is trading at $101,690, and if it were to hit $150k, then this would represent a 48% increase and only a 38% increase from its all-time value of $108,249.

Everyone and their dog thinks we are entering the final BIG leg of the cycle towards a $150kish BTC.

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…

— Alex Becker