Bitcoin Price ready to EXPLODE to $150k!? (3 Expert Predictions)

Bitcoin Price ready to EXPLODE to $150k!? (3 Expert Predictions)

hopefully we can get through the harving
tonight get some slightly more positive
news out of the Middle East which would
be fantastic and I suspect that can then
see Bitcoin start to ret Trend higher um
I’m still looking for $150,000 by the
end of this year Standard Charter Bank
analyst has doubled down under
$150,000 Bitcoin prediction reiterating
that Bitcoin is still on track to reach
$150,000 by the end of this year these
are his reasons why I’m going to
reiterate what you just said with
Bitcoin trading below 65,000 your year
end forecast 15,000 per coin for Bitcoin
and 200,000 by the end of 2025 what are
the specific reasons for your your
expectations that we’ll we’ll see a
notable lift from
here so part of it is those ETF inflows
as I mentioned they’ve stalled for now
but I anticipate going from the start of
this year to when the ETF Market in the
US is mature we’ll get between 50 and
10000 billion of info so so far we’ve
had 12 billion as I mentioned earlier
now I suspect that can now happen over
about an 18 month to 24 month period
when that happened for gold when we went
in the US from no spot ETF Market in
2004 to that market gradually maturing
the price of gold multiplied by 4.3
times so that could get us to that 150
to 200,000 range of sort of input number
one input number two is over time when
you have enough investors I investors
are fully sat in terms of their Bitcoin
exposure which hasn’t been the case
before the ETFs but over time if we get
those ETF flows um in that should be
where we end up in terms of a portfolio
between Bitcoin and gold you should get
to about 80% gold 20% Bitcoin and for
that even if gold prices were to go
sideways again that gets you to that 150
to2 200,000 dollar Mark in in terms of
Bitcoin so there’s a few factors that
are all driving to roughly the same
level I think medium-term if we get to
200,000 because of the institutional
flows as well it’s much more likely that
Bitcoin won’t have a large retracement
which it did have in previous Cycles so
do you think that a
150,000 bitcoin price by end of year is
this realistic some people would argue
that since everybody is thinking this it
won’t happen but if nobody thinks this
is going to happen maybe it is more
likely or maybe everybody thinks this is
going to happen so this is too
conservative Anthony scaramucci gives
his updated investment thesis on bitcoin
he thinks that a
$150,000 bitcoin price is likely but his
number his price prediction is actually
a bit higher interesting perspective
listen Bitcoin is on an adoption curve
uh if you go back to web one Bitcoin is
sort of in the 1999 point in the
Spectrum and so just imagine where we
went from web one to where we are today
and so my my point is you won’t see this
be a inflation hedge or a store of value
as other pundants are saying until you
get over a billion users and so right
now it’s going to be way more volatile
than people like and people look at it
as a risk on a riskof trade until we get
to that adoption curve that’s my point
and given the adoption curve what do you
see right now as the upside and number
and what do you see as the downside
number call it 12
months well I mean look you could get
shocks like Wars and you could get you
know God forbid a terrorist Calamity or
something like that that could take
Bitcoin down 10 or 15% but I think you
have a heavy bid on bitcoin because of
the demand from the ETFs and from the
eventual drivers of things like the
wirehouses that will enter the space as
well as the 401K market so so I don’t
think you have 50 % downside but you
could have 10 or 15% downside just
because it’s still a risk on riskof
asset but longterm I think this thing
trades to 170 possibly to $200,000 and
and that’s consistent with where it’s
been over the 15 years of Bitcoin look
it’s normal to be skeptical if investing
was easy everybody would make money
unfortunately most people are going to
buy the top here is a message from
Anthony scaramucci to all Bitcoin
Skeptics I actually sent this video to
my best friend who’s also wondering
about this watch you guys have a lot of
skepticism on the de I think the
skepticism is well founded I started out
as a skeptic I think what got me past
being a skeptic is the notion that this
is immutable it’s a it’s decentralized
in a way that makes it very powerful the
network itself is scaling and if you
think about the way we treat money in
our society over the last 5,000 years
Bitcoin checks all of the boxes the only
box it doesn’t check is Central Bank of
manipulation which I think it makes it
way more powerful and so at a trillion 4
could this trade to half the market
capitalization of gold where gold is $16
trillion doll today we believe it can we
actually think it’s going to go through
the market capitalization of gold and if
you’re making the point that uh the
American owners in an ETF are not going
to be enough to get it there uh I
disagree because over time the
acceptance regulatorily is going to
allow people to put it in the portfolio
a 1% position in these Global portfolios
takes it there so everybody is talking
about post Bitcoin having predictions
now and I think cnbc’s longtime Bitcoin
expert Brian Kelly here perfectly lays
out the Bitcoin investment thesis for
the rest of this year this is exactly
what will send Bitcoin to
$150,000 joining us now to talk about
the effects of the having on all things
crypto is our resident Bitcoin
officially not O’Brian Kelly’s it’s
great to have you here so what do you
what do you expect we to see another
450% rise after this having or does the
sort of dissipate each time so I think
it’s certainly that the having effect is
going to dissipate if you talk about how
many dollars into the market this is
you’re talking about uh last week was
about $60 million a day of qu of sell
pressure that’s now cut in half to $30
million a day but you’re talking about a
trillion dollar market so it’s very very
small so I think if anything it’s going
to be the psychological impact of it and
the fact that we’re all saying Hey look
at this fouryear cycle that we have out
there probably what’s more important
though is when you get to see some of
these bigger brokerage firms come online
so Morgan Stanley UBS once they are
online and they can have their customers
start come into Bitcoin that’s a lot of
pent up demand what about what the ETFs
how does that change the game now
because last having we didn’t have ETFs
that’s right and I think actually it
changes tremendously that’s why Morgan
stainley and UBS are so important
because up to this point they have not
been able to buy those ETFs their
clients have been able to buy it so if
you think about it you now have has
asset with the most demand it’s ever
going to have right you’ve got all these
people just able to come on and supply
has been cut coins on Exchange you’re
down so you’re having a whole bunch of
pent up and potential demand hitting
lower Supply to me that’s the bullish
setup for Bitcoin Bitcoin is an easy 2
to 3x from here yes but now attention is
starting to turn into the altcoin market
Brian Kelly gives his picks where are
some other ways that you’re thinking
about playing this if you do take that
10 to 20 year view that it’s going to be
this ecosystem that’s created other than
the ETF other than buying Bitcoin
straight out what are some other things
that um you know viewers should look at
yeah so I would look at some of the
other coins so that would be ethereum um
one ethereum and salana probably the two
that you could buy this cycle um because
those are going to be the ones that the
new Financial systems built on top of so
decentralized Finance heard about defi
those are the two that are really in the
lead for building that ethereum and
salana are solid picks for sure guys
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$150k Bitcoin Price by EOY 2024 likely? Let’s talk about it!

Experts featured in video: Standard Chartered Bank analyst, Anthony Scaramucci, & Brian Kelly.

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Timestamp:
0:00 – 3 Experts Agree: $150k Bitcoin Price by EOY!
0:14 – Standard Chartered explains WHY $150k price is likely
2:17 – $150k realistic?
2:38 – $150k price is conservative – Anthony Scaramucci
4:14 – Message to Bitcoin skeptics
5:33 – This is EXACTLY what will send Bitcoin to $150k
7:17 – altcoins are next (CNBC gives 2 picks)
7:55 – final thoughts (we’re back)

**Note: My overall opinion is that the name of the game is to accumulate as much Bitcoin as possible. Alts are interesting but a lot more speculative. I use them to accumulate more Bitcoin & Ethereum.

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