‘Unthinkable Scenario’ Required For Bitcoin To Hit $250K, CEO Says

Mike Novogratz, CEO of Galaxy Digital, warned that Bitcoin reaching $250,000 by year-end would take “a heck of a lot of crazy stuff,” putting a big question mark over some of the bolder market ￰0￱ Reading: All It Took Was A Tweet: FLOKI Jumps 27% After Musk Mentions It According to his remarks, the more likely outcome is that Bitcoin holds near current levels unless major new forces push prices much ￰1￱ Sets A Realistic Range Based on reports, Novogratz suggested a year-end range of roughly $100,000 to $125,000 for Bitcoin under normal market ￰2￱ the time of his comment Bitcoin traded around $107,000, meaning a move to $250,000 would require roughly a 130% rise in a matter of ￰3￱ kind of jump is possible, he said, but it would demand events far outside ordinary market ￰4￱ Would Need To Happen Reports have disclosed two main scenarios that could create the type of momentum needed for a run to $250,000.

One involves US President Donald Trump exerting pressure on the Federal Reserve in a way that shifts macro policy and boosts risk ￰5￱ other key trigger would be swift passage of a major market structure bill for crypto — commonly referred to in discussions as the CLARITY Act — which could open the door to a surge in institutional ￰6￱ are uncertain and would have to line up quickly for the price to triple-plus in ￰7￱ Context And On-Chain Signals On-chain data and recent price action add weight to Novogratz’s ￰8￱ tracking flows, supply, and holder behavior have pointed to a period of profit-taking and slower ￰9￱ and other trackers show signs of ￰10￱ plain terms: long-term holders are selling some coins and new buyers have not yet overwhelmed ￰11￱ large new inflows appear, price momentum is likely to be ￰12￱ Reading: Bitcoin Whale Goes Big — $255M Longs Opened Before Trump–China Summit Bitcoin: Technical Thresholds To Watch Analysts are watching $125,000 as a key resistance level.

A decisive move above that figure could change the math and encourage more buying. Conversely, a sustained hold near the low six-figure range would fit Novogratz’s base ￰13￱ Bitcoin ETF flows and big institutional purchases are the clearest possible catalysts that could tilt sentiment ￰14￱ to market observers, investors should not assume rapid gains will occur simply because headlines mention big ￰15￱ math is clear: moving from roughly $107,000 to $250,000 in about 10–11 weeks requires mass buying that has not yet ￰16￱ image from Gemini, chart from TradingView