Bitcoin Might Reach 150K USD In Next Bull Run, Predicts Analyst

Simon Dedic, the co-founder of crypto analysis company Blockfyre, is of the opinion that a crypto bull market will reappear and it could send Bitcoin’s price to as high as one hundred and fifty thousand USD. As per him, Ethereum and other prominent altcoins might witness even more striking gains.

Dedic is of the opinion that a bull run will come back and will increase Bitcoin by over fourteen hundred percent.

In a recent tweet, Simon Dedic commented that the aforementioned increases will not be reflected across the whole digital asset market. As per him, the more robust altcoins should also witness a striking price movement.

Bitcoin’s astonishing rise to its present all-time high of around twenty thousand USD in the last month of 2017 was accompanied by a media hype around digital assets, specifically Bitcoin.

While Dedic cautioned that he is of the opinion that a scenario like 2017 ICO bubble won’t occur again, he does foresee a BTC bull run coming back and “pumping the few solid alts out there.”