Bitcoin is coming into its “golden age,” in keeping with Ray Wang, founding father of Constellation Analysis, who predicts Bitcoin will hit $150,000 per coin inside the subsequent six months.
Talking with Fox Enterprise this morning, Wang emphasised the momentum constructing round digital belongings through 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 rules, the flexibility to get the Readability Act, the Anti-CBDC Surveillance State Act, and the GENIUS Act. They’re all coming via on the White Home. That they had 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 mentioned. “What it does is creates devaluation of the greenback, that means individuals are gonna take risk-on actions. That’s why we see $150K on the Bitcoin facet.”
One other important issue, Wang famous, is growing worldwide adoption of Bitcoin on the sovereign stage.
“What we’re gonna see is extra struggle international locations have Bitcoin reserves—that’s gonna truly add demand,” he mentioned. “Having the rules within the U.S. means we’re gonna enhance the Bitcoin conversions. So that you’ll see extra firms like Circle merge when it comes to being able of stablecoins.”
Wang additionally tied the Bitcoin increase to the expansion of synthetic intelligence and semiconductors—particularly Nvidia, which just lately 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 mentioned. “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 accumulate Nvidia chips. “Robots are beginning to choose up, and naturally that’s going to be working on Nvidia chips because the software program layer provides further trillions,” Wang mentioned. “A $5 trillion market cap for Nvidia by the top of the 12 months is just not 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.