Bitcoin Price Prediction: Can BTC Reach $500,000 This Cycle?

Bitcoin

Bitcoin Price Prediction: Can BTC Reach $500,000 This Cycle？

Bitcoin price prediction trends are gaining momentum as on-chain metrics flash green. Investor activity is surging, with realized capitalization hitting its third consecutive weekly all-time high.

Veteran analyst Max Keiser suggests that if this trend continues, Bitcoin could reach $500,000. As of writing, Bitcoin near at $103K, down 0.08% in the past 24 hours, according to real-time market data from Coinmarketcap.

This took it past $100,000, a psychological barrier last breached in January 2025 when Bitcoin hit its all-time high of $109,000.

The Bitcoin market is quite active as evidenced by a 60.84% increase in trading volume to $54.04 billion over the same period. Moreover, Bitcoins dominance in the $3.05 trillion cryptocurrency market stands at 63.9%.

Bitcoin Breaks New Record

CryptoQuant, an onchain intelligence platform, reported on May 8, that Bitcoins Realized Cap—a metric valuing each coin at its last transacted price—reached a new all-time high for the third consecutive week.

Realized Cap tracks the U.S. dollar value of each BTC at its last movement on the blockchain. When it rises, it means new capital enters the network at higher cost bases.

Source: CryptoQuant

According to CryptoQuant data, wallets holding 10–10,000 BTC added over 81,000 BTC since late March 2025. That accumulation pushed Realized Cap from $800 billion on April 1 to $890 billion.

This suggests both long-term holders and new investors are injecting fresh capital, a sign of growing confidence. The Realized Caps rise often correlates with price increases, as it reflects actual money entering the ecosystem. Similar surges in 2017 and early 2021 marked the start of major bull runs.

Max Keisers Bullish $500,000 Bitcoin Price Prediction

Max Keiser, a former Wall Street trader and host of The Keiser Report, has long championed Bitcoin as a hedge against fiat currency devaluation.

On May 8, 2025, he took to X, predicting Bitcoin could reach $500,000, a forecast that implies a 410% surge from its current $99,462 price.

Source: X

Keiser‘s optimism is rooted in macroeconomic trends, including the U.S. Federal Reserve’s shift to a dovish monetary policy with interest rate cuts and cooling inflation.

Keisers track record is mixed. On October 19, 2024, Max Keiser tweeted that Bitcoin would “skyrocket to $220,000 very soon,” citing a breakout from a seven-month consolidation and rising gold prices.

On March 7, 2025, Keiser posted that BTC would cross $100,000 “in the next few hours” and reach $120,000 by months end. Neither the $220,000 nor the $120,000 targets were hit by their respective deadlines.

On Crypto Banter, Arthur Hayes said the Feds heavy money-printing amid worsening macro conditions is pushing Bitcoin up and that lasting inflation favors digital assets. He predicted Bitcoin to hit $150,000 during this current cycle.

In a recent Rug Radio interview, former Binance CEO, Changpeng Zhao projected Bitcoin could rise to $500,000–$1 million this cycle and forecast the overall crypto market cap reaching $5 trillion by years end.

Bitcoins history of defying expectations keeps the possibility alive. For now, the immediate focus is on breaching $100,000, a milestone that could set the stage for further gains.