David Bailey names conditions for bitcoin’s growth to $ 150,000

Bitcoin BTC $109,360.00 Mezo Wrapped BTC 0.85% Market capitalization $40.08 million VOL. 24 hours $1.57 billion will be able to reach $ 150,000 only after two major cryptocurrency holders complete the sale of assets. This was stated by Nakamoto CEO David Bailey, who emphasized that «the only reason we are not at $ 150k yet is because of two giant whales.» According to him, one of them has already sold most of its coins, while the other is «halfway there.»

The rise in the price of bitcoin to $ 150,000 would mean about 36% of the current level of about $ 110,240, according to CoinMarketCap. At the same time, the market has dropped by almost 3% over the past 30 days. The activity of the so-called «whales» is always closely monitored by traders, as their large transactions can dramatically affect price dynamics and investor sentiment.

Recently, several large transactions have already caused serious fluctuations. On August 24, one of the whales sold 24,000 BTC for about $ 2.7 billion, which caused a sharp drop in the market and liquidated about $ 500 million in margin positions. Three days earlier, another investor who had held assets for more than five years realized about $ 4 billion in bitcoin by transferring funds to Ethereum ETH $4,374.50 Bridged Ether (StarkGate) -1.52% Market capitalization $0.11 billion VOL. 24 hours $2.04 billion through the Hyperliquid platform.

Such events increased volatility, which was reflected in the crypto market’s Fear and Greed Index, which fell to the «fear» level in late August before partially recovering to a «neutral» 49 points in early September. This indicates a high level of nervousness among traders.

Despite this, many analysts expect further growth. Stephen McClurg, CEO of Canary Capital, estimates the probability of more than 50% that bitcoin will reach $ 140,000−150,000 before the start of a new bear market in 2026. Alex Thorne, head of research at Galaxy Digital, predicts $ 150,000−180,000 by the end of 2025. And BitMEX co-founders Arthur Hayes and Fundstrat’s Tom Lee suggest that the price could even rise to $ 250,000.