Is Bitcoin Expected to Hit $140,000?

According to a report by Aoyon Ashraf, traders on the prediction market Kalshi are betting that Bitcoin will reach $141,000 by the end of this year.

Gerry O'Shea, Global Market Insights Director at Hashdex, stated in a report: “Although the macro environment remains uncertain, we believe the bull market is far from over.

More institutional platforms allowing investment in Bitcoin could become a new catalyst, pushing BTC prices to $140,000 or even higher.”

Nikhilesh De, Global Policy and Regulation Editor at CoinDesk, pointed out that the atmosphere of this rally is reminiscent of Bitcoin's first surge to $20,000 at the end of 2017. However, the current environment is different: interest rates, capital scale, institutional participation, regulatory attention, and user base are all vastly different compared to eight years ago.

Ryan Gorman, Chief Strategy Officer at Uranium Digital, said: “Businesses around the world continue to allocate Bitcoin through financial resources, with buying pressure exceeding selling pressure. Coupled with President Trump's bullish statements today on Truth Social and the news of 'Crypto Week' in Washington next week, the market is forming a positive cycle. A price of $120,000 in the short term would not be surprising.”

CoinDesk reports citing analysis from the Kobeissi Letter state that if the Federal Reserve lowers interest rates by at least 3% (as Trump hinted on social media), it could reduce U.S. interest costs by $2.5 trillion but may also push inflation higher, causing the dollar to drop by more than 10%, thereby driving asset prices, including Bitcoin, to soar.

There are also rumors in the market that Trump may prematurely remove Powell to appoint a more compliant successor to accelerate the pace of rate cuts.