‘More Realistic Than It Sounds’: Analyst Outlines How Bitcoin Could Explode to $500,000 in Current Cycle

Description

A widely followed cryptocurrency analyst and trader is leaning bullish on Bitcoin ( BTC ) amid the flagship digital asset’s 25% rise over the past month. The analyst pseudonymously known as Kaleo tells his 697,200 followers on the social media platform X that the prospect of Bitcoin reaching a price of $500,000 during “this bull market is more realistic than it sounds.” According to Kaleo, the appreciation of over 403% from the current level would come about amid a rally by gold, which Bitcoin h...