Bitcoin Price Prediction: Why $150,000 Is Still on the Table

Crypto analyst predicts Bitcoin could reach $150,000 by year-end.
Increased Bitcoin ETF investments and potential US election results fuel optimism.
Positive market sentiment has grown since May, driven by Ether ETF approvals.

Crypto analyst, CryptoBusy, on X predicts Bitcoin could reach $150,000 by the end of the year, citing large investments in spot Bitcoin ETFs and potential political shifts in the United States as key drivers.

“As we approach the U.S. election, I expect $100K to be reached and then $150k by year-end in the case of a Trump victory,” per Standard Chartered.
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— unusual_whales (@unusual_whales) June 18, 2024

Geoffrey Kendrick, head of forex and digital assets research at Standard Chartered, reiterated his optimistic forecasts stating:

“I am sticking with my end-2024 $150K and end-2025 $200K forecasts for BTC. Before then, if tomorrow’s payrolls data are friendly, I would expect a fresh all-time high to be reached over the weekend.”

According to Kendrick, Bitcoin might hit $100K if Trump wins the election and could even hit $150K by the end of the year as the U.S. election draws near. Bettin…

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Source: https://coinedition.com/bitcoin-price-prediction-why-150000-is-still-on-the-table/