Bitcoin’s Next Stop: $150,000? The Bull Case Gains Momentum
Is the world's first cryptocurrency gearing up for another seismic price leap? Market chatter is increasingly fixated on a six-figure target that seemed fantastical just cycles ago.
The Institutional Engine Revs
Traditional finance isn't just dipping a toe anymore—it's building pools. Major asset managers now hold Bitcoin directly, and regulatory frameworks, however sluggish, are slowly taking shape. This isn't 2017's retail frenzy; it's a structural shift in capital allocation. The old guard's skepticism is being bypassed by pure portfolio math.
Scarcity Meets Demand
The core thesis hasn't changed, but its audience has. The halving mechanism continues to cut new supply, while adoption curves—from nation-states to corporate treasuries—track upward. Network security hits new all-time highs, making the asset harder to ignore for even the most cynical portfolio manager (who's probably still trying to price it on a discounted cash flow model).
The Path to Six Figures
Reaching the $150,000 mark requires sustained momentum, not just a speculative spike. It means continued ETF inflows, clearer regulatory handrails, and Bitcoin solidifying its role as digital gold in a world of shaky fiscal policy. Volatility won't vanish, but the baseline could lift permanently.
The trajectory points north. Whether the peak lands at $150,000 or beyond, the asset class is moving out of the fringe and into the mainstream spotlight—proving once again that money flows where it's treated best, not where the oldest institutions say it should.
Dragonfly partner Haseeb Qureshi predicts Bitcoin could break $150,000 by the end of 2026, even as its market share shrinks. He expects ethereum and Solana to outperform, while many fintech Layer‑1s underdeliver. Big Tech may launch or acquire a crypto wallet, and more Fortune 100 firms will adopt blockchain. In DeFi, three perpetual DEX leaders will dominate, with equity perps rising above 20%. Stablecoin supply could grow 60%, with USDT’s share falling and stablecoin cards expanding massively.
