$BTC Bitcoin aims for $500,000 as market momentum rises
Crypto analyst Kaleo draws attention with his bold prediction: Bitcoin could reach $500,000. With BTC rising 25% over the past month and currently trading around $103,430, the momentum is building.
Key observation: Kaleo compares BTC's market trajectory to gold. If gold rises to $8,000/ounce and a market capitalization of $50T, Bitcoin could replicate this growth, potentially reaching $250K–$500K, especially if it outperforms gold, as seen in past bull markets.
He adds: “BTC at $500K would represent a market capitalization of $10T — and that is not out of the question.”
Why this matters:
Strong market sentiment
Growing institutional interest
FOMO could spread to altcoins
But remember, this market is volatile, and speculative rises can go both ways.
This is not financial advice.