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Can Bitcoin Hit $150K and Ethereum Reach $5K? Analysts Weigh In
Bitcoin is currently trading at $104,959.98, up 3.19% over the past 24 hours. The leading cryptocurrency has gained over 130% year-to-date, with analysts pointing to continued upside potential.
Nigel Green, CEO of deVere Group, predicts BTC could reach $150,000 by mid-2025, citing surging institutional interest and retail demand as key drivers. Furthermore, PlanB, a stock-to-flow analyst, offers a more immediate forecast, predicting Bitcoin could hit $150,000 by the end of this month.
Other investors are even more bullish, with BlockTower founder Ari Paul suggesting BTC could rise as high as $500,000 in the not-too-distant future, underscoring its potential as a macroeconomic hedge.
Source: coinchapter.com
