Ben Armstrong, widely known as “Bitboy” in the cryptocurrency community, recently shared his predictions for Bitcoin and XRP prices during an appearance on Tony Edward’s “Thinking Crypto” YouTube show. The influencer provided insights into upcoming market dynamics, offering both hope and caution to crypto enthusiasts.

Armstrong discussed his belief that the next significant Bitcoin bull run could commence on April 1, 2025, potentially peaking between April and the end of June. He emphasized substantial gains but advised against expecting extreme highs.

“The price of Bitcoin is not going to go over $150,000,” Armstrong stated, suggesting that a peak of $140,000 is a more realistic target. He acknowledged the possibility of a temporary spike to $170,000 or $180,000 but remained cautious about such outcomes.

Armstrong also highlighted the role of institutional investors and large-scale buyers in the market. He noted that whale accumulation during dips signals confidence in the return of the bull run.

“There’s zero percent chance the bull run is not coming back,” he said.

Insights on XRP

Regarding XRP, Armstrong cited recent developments that have cleared regulatory uncertainties. On August 7, a judge ruled that Ripple must pay a $125 million fine for violating securities laws from XRP sales to institutions. This ruling has provided some clarity for the cryptocurrency.

Armstrong predicts that XRP could reach between $8 and $10 — a range he considers “almost a slam dunk.”

He speculated about potential scenarios that could drive XRP’s price even higher, such as the introduction of an ETF or an initial public offering, though he remains skeptical about these events materializing before the end of the current bull run.

Broader Market Impact

Armstrong also touched on the broader market implications, noting that funds flowing into XRP could detract from other cryptocurrencies. He mentioned Cardano (ADA) as potentially being one of the hardest hit.

In summary, Armstrong’s predictions offer a mix of optimism and caution. He urges investors to set realistic expectations while recognizing 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.

For more insights and the latest updates on cryptocurrencies, continue exploring Global Crypto News.

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