Top Trader Says $150K Bitcoin Target Is Far Too Conservative
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A Bitcoin price of $150,000 is not nearly ambitious enough, says one crypto trader, citing the expected widespread adoption by countries and corporations that will use it as a store of value.
A crypto trader says Bitcoin will likely blow past the $150,000 price target that some have tipped for in the current cycle — calling it “silly low” given its likelihood of being adopted by many more nations, funds, and corporations in the coming years.
“There is absolutely no reason for us to stop or cap at $150k. If we reach that, there’s only more of a reason for us to go to 250k-400k,” crypto trader Alex Becker said in a Jan. 16 X post.
$150,000 Bitcoin represents just a 48% gain
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