Top industry exec thinks Bitcoin reaching $150,000 is ‘pretty achievable’

Bitcoin could reach between $150,000 and $300,000 by the end of 2025, according to industry experts discussing price projections and institutional adoption.

Speaking on TheStreet Roundtable , Rob Nelson asked if Bitcoin’s price could significantly increase over the next two years.

Tom Ngo, Executive Lead at Metis, was optimistic but cautious. “In terms of, I would say where the market would be, I think it'll be definitely higher than where we're at now from a price point,” Ngo said. Pressed for a more specific estimate, he added, “I think what the industry's pricing in, $150,000, I think that's pretty achievable from a market perspective.”

Kelly Kellam, Director at BitLab Academy, suggested that Bitcoin’s price action could go one of two ways. “I think it can be somewhere in the $130,000 to $150,000 range, or I think it's going to be somewhere like $220,000 or above,” he said. Kellam pointed to key catalysts that could push Bitcoin higher, including potential corporate and government adoption.

“If we're persisting on the hopes of what's to come in terms of nation-states buying and whatnot… None of those major players have bought Bitcoin or announced what their plans are in that regard,” he noted, referencing Google, Amazon, Apple, and Microsoft.

Kellam believes that once corporations and governments start accumulating Bitcoin, prices could rise dramatically. “When the flood happens, it's going to happen quick,” he said. “Right now, on any dip, I sit there and I say, thank you, Good Lord, baby Jesus, I can still buy at these prices.”

If more entities move toward a Strategic Bitcoin Reserve, Bitcoin could see an accelerated rally. “I think this market is going to run away because the OTC desks are going to be depleted rather quickly, and just the buying pressure is going to be so phenomenal,” Kellam added.

At the time of writing, Bitcoin is currently trading at $82,343, showing little movement today as the market remains steady.