Edul Patel, CEO of Mudrex, believes Bitcoin’s $150,000 target by end-2025 looks reasonable. He highlights emerging institutional demand fueled by spot ETFs, growing regulatory clarity in major markets, and macroeconomic considerations like a declining currency and possible rate cuts. The limited supply of Bitcoin and the growing demand from corporations and investors are causing a supply crisis. Patel stated that these factors can improve the long-term outlook but investors should take their time to research and level of risk into consideration.