Author: Ciaran Lyons, CoinTelegraph; Compiled by: Tao Zhu, Golden Finance

A cryptocurrency trader said that Bitcoin may exceed the $150,000 price target predicted by some in the current cycle— — He called it a “dumb low” given the likelihood that more, funds and companies will adopt Bitcoin in the coming years.

“We have absolutely no reason to stop or cap at $150,000. If we get to that level, we have even more reason to go to $250,000 to $400,000,” cryptocurrency trader Alex Becker said in January Said in X's post on the 16th.

If Bitcoin reaches $150,000, it would be 48% higher than its current price of $101,690 and higher than its all-time high of $108,249 up 38%.

As of the time of publication, Bitcoin is trading at $101,690. Source: CoinMarketCap

Becker said a Bitcoin price of $150,000 would mean the asset’s market capitalization is roughly one-sixth that of gold — considering “the largest, funds and companies use it. To store value” possibility, the price is “absolutely ridiculously low”.

As of the time of publication, Bitcoin’s market capitalization is $1.97 trillion, while gold’s market capitalization is $18.44 trillion.

Cryptocurrency analyst Will Clemente expressed a similar view to Becker in an X post on January 16, saying that once countries begin to adopt Bitcoin as a strategy Reserve asset, it is only a matter of time before Bitcoin reaches $1 million. Clement added:

“Once one adopts BTC as a strategic reserve asset, then converting DCA into that asset becomes doctrinal in nature. This concept is then applied in a game-theoretic manner to Everyone on Earth who wants to maintain purchasing power at the same time”

On December 29, cryptocurrency mining company Blockware Solutions stated that if Donald Trump does not implement his Bitcoin strategic reserve, 150,000. The US dollar will be a bear market target for Bitcoin. The company said $225,000 is the base case, but it could be as high as $400,000.

Meanwhile, asset management firm VanEck predicts Bitcoin will hit $180,000 by the end of 2025, while Bitfinex analysts predict Bitcoin could hit $180,000 by mid-2025That could climb to $200,000.

Becker said that in previous cycles, when Bitcoin was not widely recognized by institutions, the $150,000 Bitcoin target "made sense", but in the current environment "there is absolutely no significance".

As the January 20 date for Donald Trump’s inauguration as President of the United States draws closer, expectations among cryptocurrency market participants are growing. , many expect him to launch cryptocurrency plans from day one.

Trump is expected to address the debanking of cryptocurrencies and overturn a law that would have forced banks to list digital assets as liabilities, a person familiar with the matter told The Washington Post on January 13. Accounting.

On January 14, cryptocurrency trader Mister Crypto, who goes by the pseudonym Mister Crypto, said that Bitcoin’s price trend was the same as during the last presidential inauguration.

“The next move is obvious,” Mister Crypto said, sharing a chart showing Bitcoin price action heading towards $150,000.