Analyst Predicts Bitcoin Could Reach $150,000 and Ethereum $8,250
Bitcoin and Ethereum prices rallied over the weekend, with Ethereum surpassing $4,000 for the first time in eight months. Bitcoin recovered from a previous drop below $113,000, contributing to a positive sentiment in the crypto market.
Price Predictions
Ex-Wall Street trader Vivek Raman predicts:
- Bitcoin could reach $150,000 in the near term
- Ethereum might hit $8,250, leading to a $1 trillion market cap
- Longer-term forecasts suggest Bitcoin may reach $250,000 and Ethereum $25,000, resulting in a $3 trillion market cap for Ethereum and a $10 trillion market cap for Bitcoin
Analyst Fapital also offers significant long-term predictions, estimating Bitcoin could reach $889,969 and Ethereum $28,000 by 2032. Both analysts agree on Ethereum crossing the $20,000 mark eventually.
