Bitcoin to $500,000? Analyst Breaks Down the Path to a Massive Surge
Crypto analyst Kaleo believes Bitcoin could realistically surge to $500,000 this cycle, citing its historical outperformance of gold.
With gold’s market cap potentially exceeding $50 trillion if it hits $8,000/oz, Kaleo argues that Bitcoin—currently under $2 trillion—could climb to $250,000 just by matching gold’s gains. If Bitcoin continues to double gold’s performance as it has in previous cycles, a $500,000 price tag would follow. He also predicts massive FOMO-driven altcoin rallies alongside BTC’s rise, especially under favorable regulatory conditions.
Clever Robot News Desk 12th May 2025
