Bitcoin at $150,000: a possible target? Bitcoin at $150,000: a possible target?
Bitcoin continues its upward phase, approaching a new all-time high. This trend should give pause to those still expressing uncertainty, considering that unlike the sharply declining global stock markets, Bitcoin has maintained considerable value.
Bitcoin is aiming straight for an all-time high; the target we had in mind is there within reach. Pushing on the accelerator is the money that is coming in: in the United States, spot ETFs have soared by $5.3 billion in the past three weeks, while those targeting the downside (hedge funds) have raised “only” $1.2 billion.
The surplus balance thus exceeds $4 billion, thanks mainly to large investors who are accumulating Bitcoin. Prominent among them all is Strategy, what was once MicroStrategy, which now finds itself with as many as 555,450 Bitcoins, a whopping 2.6 percent of all those in circulation.
The report also highlights encouraging aspects, such as the shift in investments from gold ETFs to Bitcoin ETFs, rising yields on U.S. Treasury bonds, and acquisitions by major financial institutions such as the Swiss National Bank and Norges Bank. In addition, the devaluation of the dollar is stimulating interest in Bitcoin, which is increasingly seen as a “digital gold” and a viable alternative to classic safe-haven assets.
Large capital movements suggest renewed confidence in the stability of cryptocurrencies, which are seen as a viable alternative to traditional forms of investment. At a time of uncertainty for stocks and bonds, Bitcoin is once again attracting investors aiming for yield and capital protection.
Technical analysis shows marked growth in Bitcoin, supported by significant capital inflows, as indicated by rising volumes and the crossing of crucial resistance. On-chain analysis supports this interpretation, with record net inflows in spot ETFs, suggesting a structural move rather than a simple technical rebound.
There are question marks over Bitcoin regulation.
In 2025, cryptocurrency regulation in the United States has held sway, with the SEC and other agencies very active. Although more clarity was expected, some good news has come: New Hampshire has passed a “Strategic Bitcoin Reserve” law, opening up investment in digital assets. Other states such as Arizona, Illinois, Maryland, Michigan, and Texas are considering similar laws sponsored by a pro-Bitcoin organization. The general mood is somewhat mixed, but there is optimism. Hopefully, quick regulation will give the cryptocurrency market a nice boost.
In my wallet I have both Bitcoin and Chainlink, a cryptocurrency that serves as a decentralized network of oracles. Chainlink aims to improve the performance and security of blockchain smart contracts by providing them with real-world data and external calculations. In essence, Chainlink is an oracle token, created specifically to make smart contracts more useful by giving them the ability to access concrete data such as weather or sports results.
Bitcoin's trend is strongly bullish, with recent increases supported by above-average volumes and with prices above the 200-period moving average.
Forecasts of falling interest rates and more favorable regulation for cryptocurrencies later this year are promising. Under this scenario, I believe the price of Bitcoin could exceed $150,000.
