Bitcoin $160,000

Blackrock, Vanguard and Fidelity say it should be a minimum of 2% of Your Portfolio

Dec 15, 2024

Might want to get some in case it catches on :)

That’s the base case. In fact, it’s the lower end of dozens of projections from established Wall St. houses for this cycle (expected to peak by early 2026, but there are compelling arguments for why this one may overshoot and peak between August and November of 2025. (not an issue for those looking to buy and hold the next ten plus years, but certainly something to watch for taking “lifestyle chips” off the table. There’s always a good argument for taking some profits along the way..)

JUST IN: $5 billion asset manager Bitwise predicts "#Bitcoin will overtake the $18 trillion gold market and be worth $1 million by 2029."

BREAKING: CEO of Ark Invest, Cathie Wood: "Our base case is in the $600,000 range... We think the probability of the bull case has increased with this SEC approval. This is a green light. Our bull case is $1,500,000 by 2030. This is a big idea."

(note: do you have ANY IDEA how high MSTR would go in this scenario? LOL)

Bernstein: They predict Bitcoin could reach $200,000 by the end of 2025 and potentially $1 million by 2033. Their optimism is based on unprecedented demand and constraints on supply1.
Standard Chartered: Analysts at Standard Chartered also see Bitcoin hitting $200,000 by the end of 2025. They believe institutional flows will continue to drive the price up2.
Perianne Boring (CEO of The Digital Chamber): She predicts Bitcoin could surge to $800,000 by 2025 if President-elect Donald Trump's crypto-friendly policies are implemented.
Tom Lee (Fundstrat): Tom Lee predicts Bitcoin could reach $200,000. He believes several factors, including increased institutional adoption and macroeconomic conditions, could drive the price up1.
Cathie Wood (Ark Invest): Cathie Wood has set a long-term price target of $1.48 million by 2030. She believes that Bitcoin's potential as a digital store of value will drive its price significantly higher.

Michael Saylor (MicroStrategy): While not setting a specific target, Michael Saylor has expressed confidence that Bitcoin could potentially 10x in value.

JPMorgan Chase: Their analysts have set a price target of $150,000 for Bitcoin, citing increased institutional adoption and potential regulatory clarity as key drivers.

Citigroup: They predict Bitcoin could reach $180,000 by 2025, driven by increased demand from institutional investors and the potential for regulatory changes.

Note: Nothing here is financial advice, and many of these projections may have been update recently. The overwhelming direction of target price revisions has been HIGHER.

What about ETHERUM? (currently around $3950)

VanEck: Analysts at VanEck have set a price target of $22,000 by 2030. They believe the approval of spot Ether ETFs and progress in scaling will drive the price up2.
Fund Managers: Some fund managers have set a target price of $8,000 for Ethereum, anticipating regulatory advancements in the decentralized finance (DeFi) ecosystem

AND WHAT ABOUT SOLANA (currently aprox $225)?

Bitwise: Ryan Rasmussen, head of research at Bitwise, predicts that Solana could reach $750 by next year. His optimism stems from the migration of serious projects to the Solana network and ongoing meme coin usage1.
Finbold: Analysts at Finbold suggest that Solana could reach $400 to above $1,000. They highlight Solana's strong performance and recent milestones, such as reaching a record-breaking market capitalization.

Enjoy the ride.

If you can, do it tax-free in an Alto Crypto Roth IRA (search this stack for more)

*Not advice. Always do your own research!*