Former Credit Suisse executive says BTC has passed worst stretch of current cycle

Former Credit Suisse global head of valuation risk CK Zheng said Bitcoin will top $150,000 by the end of 2027, according to Yahoo Finance. Zheng said Bitcoin has moved past the worst phase of the current cycle and that the recent decline reflects the asset class’s maturation rather than a collapse seen in earlier periods. Zheng added that greater regulatory clarity, institutional adoption and the potential passage of the Clarity Act could drive the next bull market. Rising U.S. debt is also expected to boost demand for Bitcoin and gold as hedges against a weaker dollar, while scarcity and broader adoption could fuel fear of missing out among institutional investors and support further price gains.