Bitcoin price today slipped to $104,696, staying stuck in a tight range. The drop comes as concerns over U.S. trade tariffs and a weaker economy weigh on investor confidence. After reaching record highs in late May, Bitcoin has struggled to move higher. Recent profit-taking has also added pressure, leading to questions about whether the bull run is slowing down or just taking a break.
In a recent interview, crypto expert and “Wolf of All Streets” host Scott Melker confirmed that Bitcoin is still in a bull market, fueled by unprecedented institutional interest. Melker emphasized that even amid global volatility and rising bond yields, Bitcoin’s strength signals a major shift in how investors view the asset.
When asked about the most impactful developments driving Bitcoin’s adoption and price surge in 2025, Melker ranked the following:
Looking ahead, Melker predicts Bitcoin could climb conservatively to $130K–$150K, with a more optimistic ceiling of $230K to $300K this cycle. While cautious due to prior overestimations, he noted that Bitcoin is already trading above $100K, making further gains feasible.
“To go to $150K is a rounding error from here,” said Melker, pointing out that current ETF flows and institutional accumulation are likely to continue.
Melker also questioned the sustainability of the traditional four-year crypto cycle, suggesting that drawdowns may now be smaller, with Bitcoin becoming a more stable and institutionalized asset. Rather than sharp 80% crashes followed by massive rallies, he sees the market evolving into a “grind up and dip” cycle—gradually increasing over time with less extreme volatility.
While acknowledging the “sell in May and go away” mantra from traditional markets, Melker advised long-term investors to keep buying:
“Buy in May, buy in June, buy in July,” he said. “Use the dips to dollar-cost average—this is a long game.”Despite the seasonal lull, Melker believes Bitcoin’s downside is increasingly limited, especially compared to stocks, and ETF investors are more likely to hold than trade on daily price movements.
As per Coinpedia’s BTC price prediction, the Bitcoin price could peak at $168k this year if the bullish sentiment sustains.
With increased adoption, the price of Bitcoin could reach a height of $901,383.47 in 2030.
As per our latest BTC price analysis, Bitcoin could reach a maximum price of $13,532,059.98
By 2050, a single BTC price could go as high as $377,949,106.84
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