Ric Edelman said that the world is now witnessing “a cryptozyme that has lasted much longer than many people expected.” However, things are starting to change and bitcoin could reach $150,000 by the summer of 2025.
“We’re starting to see dramatic change. We’re getting rid of the bad guys in the cryptocurrency industry,” he said
Edelman is not the first to voice such a prediction. Recently, Mark Yusko, CEO of investment firm Morgan Creek Capital, suggested that if a spot bitcoin ETF is approved in the U.S., BTC will rise to $150,000 by the middle of next year.
Recently, Bits.media published a large-scale piece highlighting how the lawsuit between Grayscale and the U.S. Securities and Exchange Commission (SEC) has affected cryptocurrency rates.