Risk analyst and investor Simon Dedic made a prediction about the price of Bitcoin that, if true, will exceed and crush its current all-time high. Dedic said that the cryptocurrency will rise to $150,000 in a new rally.
He even went as far as to make a number of price predictions, such as Bitcoin gaining over 1,400% from its current price of around $9,750 to reach his target of $150,000.
Ether (ETH) is set to fare even better according to Dedic, increasing more than 3,570% from current levels around $245 to a price of $9,000. And Binance Coin (BNB) is predicted to see a 2,750% rise to $500.
Bigger increases still are forecast for Chainlink (LINK) and Tezos (XTZ), both with a target price of $200, representing 4,450% and 6,800% gains, respectively.
But this all fades into insignificance compared with Dedic’s prediction for VeChain (VET), with a seemingly modest target price of $1. However, this marks a massive 14,100% increase on its current price of $0.007.
Dedic believes there are only 5 solid altcoins at this point: Ethereum which is currently priced at $236 and will go up 3700% to $9.000; Chainlink (LINK) with a current price of $4.27 will go up 4580% to $200; Binance token, BNB, will go up 2800% from its current price of $17 to $500; VeChain (VET) has a price of $0.007 and will be the best performing altcoin, with a rise of 15.000% to reach $1; Tezos (XTZ) is priced at $2.85 and will go up by 6900% to reach $200. However, the analyst said that other altcoins could enter the rally cycle if they increase their adoption level, he said this could happen to DigitalBits (XBD).
A Bloomberg report supports Dedic’s prediction. The report outlines that something would have to go very wrong for BTC not to show a positive performance. According to the report: