Ben Armstrong, also known as “Bitboy” in the cryptocurrency world, recently appeared on Tony Edward’s “Thinking Crypto” YouTube show to share his predictions about Bitcoin and XRP prices. He believes that the next Bitcoin bull run could start on April 1, 2025, and peak between April and June of that year. However, he cautioned against expecting extreme highs, stating that Bitcoin’s price may not exceed $150,000, with a more realistic target being $140,000. While there is a possibility of a temporary spike to $170,000 or $180,000, Armstrong remains cautious about such outcomes.
When it comes to XRP, Armstrong is optimistic about its future. He mentioned recent developments that have cleared regulatory uncertainties surrounding the cryptocurrency, such as Ripple being ordered to pay a $125 million fine for violating securities laws. Armstrong predicts that XRP could reach a range of $8 to $10, which he considers to be “almost a slam dunk.” He also discussed potential scenarios, like the introduction of an ETF or an initial public offering, that could drive XRP’s price even higher. However, he remains skeptical about these events happening before the end of the current bull run.
Armstrong also pointed out that funds flowing into XRP could have an impact on other cryptocurrencies, with Cardano possibly being one of the most affected. Overall, his predictions offer a mix of optimism and caution, encouraging investors to have realistic expectations while acknowledging the potential for significant gains. As the cryptocurrency market continues to evolve, all eyes will be on Bitcoin and XRP as they navigate the next phase of the bull run.
Armstrong’s insights serve as a reminder for crypto enthusiasts to stay informed and cautious in their investment decisions. It is essential to conduct thorough research and consider various factors before making any financial moves in the volatile world of cryptocurrency. Stay tuned for more updates and developments in the crypto space as we approach the speculated bull run in April 2025.