Crypto Trader: Bitcoin’s $150K Target for Current Cycle is “Silly Low”

A prominent crypto trader has expressed confidence that Bitcoin will far exceed the $150,000 price target that some analysts are predicting for the current market cycle, calling it “absolutely silly low.” According to trader Alex Becker, Bitcoin’s future price could reach upwards of $250,000 to $400,000 due to the increasing adoption of the digital asset by countries, corporations, and institutional funds.

In a post shared on January 16, Becker emphasized that the $150,000 target was overly conservative in light of the growing use case for Bitcoin as a store of value. He argued that if Bitcoin reaches $150,000, it would only create further momentum for the price to continue climbing. “There is absolutely no reason for us to stop or cap at $150K,” Becker said. “If we reach that, there’s only more of a reason for us to go to $250K–$400K.”

At the time of publication, Bitcoin was trading at approximately $101,690, meaning a $150,000 price point would represent a 48% increase from its current value and a 38% rise from its all-time high of $108,249, according to CoinMarketCap.

Becker’s bullish stance is based on the notion that Bitcoin’s market capitalization could eventually rival that of gold, which currently holds a market cap of $18.44 trillion. In comparison, Bitcoin's market cap is currently valued at around $1.97 trillion. He described a $150,000 Bitcoin price as “absolutely silly low” in this context, given the potential for major global players to increasingly adopt Bitcoin for its store of value properties.

Echoing Becker’s sentiment, crypto analyst Will Clemente shared similar views in a January 16 X post, stating that once nations begin adopting Bitcoin as a strategic reserve asset, it would be “only a matter of time” before Bitcoin’s price reaches $1 million. Clemente further suggested that once Bitcoin is embraced by national governments, it will become “inherently nationalist” for other countries to do the same, pushing the price higher.

These bullish forecasts stand in contrast to predictions made by other market participants. On December 29, crypto mining firm Blockware Solutions described a $150,000 Bitcoin price as the “bear case” scenario, with its base case target set at $225,000, and an optimistic outlook suggesting a potential price as high as $400,000. Meanwhile, asset management firm VanEck projects Bitcoin will reach $180,000 by the end of 2025, while analysts at Bitfinex expect the cryptocurrency to climb to $200,000 by mid-2025.

Becker further noted that a $150,000 target may have been reasonable in past cycles when Bitcoin was less recognized by institutions and governments. However, in the current environment, he argued that such a price point “absolutely makes no damn sense.”

As Bitcoin enthusiasts look to the future, much of the market’s attention is also focused on the upcoming inauguration of U.S. President-elect Donald Trump, set for January 20. Expectations are growing that Trump will introduce significant crypto-related policies early in his second term, with some speculating that he will implement measures to support the industry. A source familiar with the plans told The Washington Post on January 13 that Trump is expected to tackle issues like crypto de-banking and reverse policies that force banks to classify digital assets as liabilities.

Meanwhile, some traders are drawing parallels between Bitcoin’s current price movement and patterns observed during previous presidential inaugurations. On January 14, pseudonymous trader Mister Crypto shared a graph indicating that Bitcoin's price trajectory may be headed toward the $150,000 mark, reinforcing the widespread belief that the digital asset is gearing up for a major rally.

With expectations building on multiple fronts, it appears that Bitcoin's path in the coming months may be shaped by both institutional adoption and favorable policy shifts. As more countries, corporations, and governments begin to embrace digital assets, the price potential for Bitcoin could see even more significant growth than some of the more cautious forecasts have suggested.