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Home»Bitcoin»Bitcoin’s $250,000 Target Gets DOGE Founder’s Reaction: Details
Bitcoin

Bitcoin’s $250,000 Target Gets DOGE Founder’s Reaction: Details

NBTCBy NBTC14/07/2025No Comments2 Mins Read
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Dogecoin co-founder Billy Markus, also known as “Shibetoshi Nakamoto” on X, has reacted to the wave of bold Bitcoin forecasts flooding the crypto media landscape. In a recent tweet, the Dogecoin co-founder poked fun at exaggerated predictions: “Crypto article headlines be like: (random guy no one has heard of) predicts bitcoin will reach $250,000 by the end of the year.”

crypto article headlines be like:

“[random guy no one has heard of] predicts bitcoin will reach $250k by the end of the year”

— Shibetoshi Nakamoto (@BillyM2k) May 24, 2025

Markus is known for his dry humor and critical take on the state of crypto discourse. While his comment was tongue-in-cheek, it resonated with many in the crypto community.

Since stepping back from the active development of Dogecoin, Markus has remained a vocal and often satirical figure, frequently calling out what he sees as irrational exuberance and misinformation in the crypto space.

At a current price of $107,102, Bitcoin (BTC) is 133% of the ambitious target of $250,000. Hitting this aim in a matter of months would necessitate an explosive rally, which is not impossible but likely unusual at its current pace.

Bitcoin price action

On May 22, Bitcoin reached a new all-time high of almost $112,000. Unlike the rocket rallies to new records that long-time Bitcoin enthusiasts are used to, the cryptocurrency has been climbing at a slower-than-usual pace, fueled by increased institutional ownership and corporate adoption.

At the time of writing, Bitcoin was down 1.13% in the last 24 hours to $107,102, owing to profit-taking following recent highs and macroeconomic concerns in the market.

Bitcoin price predictions

This year, several Bitcoin forecasts have been made. Veteran trader Peter Brandt predicted that Bitcoin would reach $125,000-$150,000 by the end of August.

Geoffrey Kendrick, head of digital assets at Standard Chartered, who predicted Bitcoin would reach $120,000 by the second quarter, stated his price call was “too low.”

As reported, market analyst Willy Woo predicted that Bitcoin could skyrocket to $118,000 if its all-time high were decisively breached.

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NBTC is the editorial account for NBTC News, covering Bitcoin, Ethereum, DeFi, blockchain infrastructure, exchanges, mining, regulation and digital asset markets. The editorial team focuses on clear sourcing, timely updates and practical context for crypto readers.

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