BTC Price Heading Towards $150,000

Sharon Lullaby

Yusko, in particular, has forecasted a bullish future for Bitcoin, suggesting that it could reach a value of $150,000 by 2025. This prediction is based on several factors, including the anticipated impact of the upcoming halving event on the dynamics of the crypto market.

Zycrypto reports that the value proposition of Bitcoin has always been tied to its limited supply and the halving events that occur roughly every four years, designed to reduce the rate of new BTC creation.

The next halving, just a few weeks away, is expected to halve the block reward from 6.25 to 3.125 BTC, a mechanism that has historically acted as a significant catalyst for Bitcoin rallies.

According to Yusko, this supply reduction, combined with stable or increasing demand, should naturally drive up the price of BTC.

Furthermore, Yusko references Metcalfe’s law, which relates the value of a network to the square of the number of its users, to support his valuation model. He estimates the current fair value of Bitcoin to be $50,000, a figure he believes will rise post-halving.

Leave a Comment