Trump's Advisor Reveals Bitcoin Target! $150,000 Is Next, But It Requires Two Things!

Leading cryptocurrency Bitcoin has been on a downtrend since reaching a new ATH in mid-August. Post-ATH profit-taking by long-term investors and mega-whales has added to the pressure, with long-term (LTH) addresses offloading 97,000 BTC worth approximately $3 billion last Friday alone, according to Glassnode ￰0￱ was the biggest single-day sell-off for this group so far this ￰1￱ Bitcoin's decline deepens, BTC Inc CEO David Bailey, who advises US President Donald Trump on cryptocurrency policy, hinted that Bitcoin could soon reach $150,000. David Bailey, in his post from his X account, said that the reason why Bitcoin cannot rise is two giant ￰2￱ this point, Bailey stated that in order for Bitcoin to reach $150,000, two selling whales need to clear, that is, finish their sales.

“The reason Bitcoin hasn't reached $150,000 is because of two early whales selling their holdings ￰3￱ these two clear, Bitcoin will instantly surpass $150,000. One has already finished (the sale), the other is halfway done.” According to the data, one whale address sold $2.7 billion worth of BTC on August 24, while another has sold $4 billion worth of BTC to buy ETH since the end of ￰4￱ only David Bailey but many analysts also expect Bitcoin to rise above $150,000 by the end of the ￰5￱ this point, Alex Thorn, head of research at Galaxy Digital, predicted that Bitcoin could reach between $150,000 and $180,000 by the end of ￰6￱ co-founder Arthur Hayes and Fundstrat co-founder Tom Lee predict that Bitcoin could reach $250,000 by the end of 2025. *This is not investment ￰7￱ Reading: Trump's Advisor Reveals Bitcoin Target! $150,000 Is Next, But It Requires Two Things!