Bitcoin is coming into its “golden age,” according to Ray Wang, founding father of Constellation Analysis, who predicts Bitcoin will hit $150,000 per coin throughout the subsequent six months.
Talking with Fox Enterprise this morning, Wang emphasised the momentum constructing round digital belongings throughout the shifts in U.S. coverage and international monetary markets.
“I believe it’s gonna occur within the subsequent six months,” Wang acknowledged. “What’s gonna occur is—we’ve seen the whole lot from the crypto laws, the power to get the Readability Act, the Anti-CBDC Surveillance State Act, and the GENIUS Act. They’re all coming by way of on the White Home. They’d some offers in a single day, and that’s actually driving the run to Bitcoin.”
Wang additionally pointed to macroeconomic pressures, notably rates of interest and the weakening U.S. greenback, as additional gas for Bitcoin’s upward trajectory.
“We’re hoping rates of interest do come down,” he stated. “What it does is creates devaluation of the greenback, which means individuals are gonna take risk-on actions. That’s why we see $150K on the Bitcoin facet.”
One other vital issue, Wang famous, is rising worldwide adoption of Bitcoin on the sovereign degree.
“What we’re gonna see is extra struggle international locations have Bitcoin reserves—that’s gonna really add demand,” he stated. “Having the laws within the U.S. means we’re gonna improve the Bitcoin conversions. So that you’ll see extra corporations like Circle merge by way of being able of stablecoins.”
Wang additionally tied the Bitcoin growth to the expansion of synthetic intelligence and semiconductors—particularly Nvidia, which not too long ago surged previous a $3.3 trillion market cap. “You see Nvidia, which is now $170 per share—I see it going to $200 per share,” he stated. “Following the announcement on the ban of H20 chips, means Nvidia’s again in China. We’ll see how lengthy that lasts.”
He famous that sovereign nations constructing AI infrastructure are dashing to amass Nvidia chips. “Robots are beginning to decide up, and naturally that’s going to be operating on Nvidia chips because the software program layer provides further trillions,” Wang stated. “A $5 trillion market cap for Nvidia by the top of the 12 months shouldn’t be unrealistic.”
Wang closed with a projection that “Digital Intelligence is doubling each seven months, and in six years that’s 1000x what you’re seeing in AI.”
As Bitcoin hits all-time highs this week, Wang’s forecast provides gas to the Bitcoin bull run.
