Shark Tank's Kevin O'Leary shares worrisome Bitcoin price prediction

Shark Tank's Kevin O'Leary shares worrisome Bitcoin price prediction Shark Tank's Kevin O'Leary shares worrisome Bitcoin price prediction · TheStreet Bibhu Pattnaik Tue, June 30, 2026 at 6:59 PM GMT+2 2 min read BTC-USD GC=F In an interview , Kevin O'Leary laid out his near-term price framework for Bitcoin , pointing to regulatory clarity as the deciding factor that keeps the asset capped within a wide trading range rather than breaking out toward the valuations some of his peers believe are achievable. A $150,000 cycle top, for now Asked to name a single number for Bitcoin's bull market top this cycle, O'Leary didn't hesitate. "150," he said.

The figure positions him meaningfully below some of the more aggressive targets circulating in crypto markets , but still well above current levels. When O'Leary was asked to respond to a thesis from Anthony Scaramucci , who has argued Bitcoin should eventually be valued against the entire market capitalization of an asset class, potentially trading at half of gold's market cap and still being undervalued. O'Leary said he agrees with that framing in principle, a view the two have discussed for roughly two years.

Related: Musk reveals SpaceX revenue milestone that would leave him 'disappointed' But he attached a condition. " It's never going to happen until the regulator designates it either a commodity or a security ," O'Leary said. However, he pointed to the still-pending Infrastructure Act as the missing piece.

Without that designation, he said Bitcoin will likely stay range-bound " between $80,000 and $200,000 forever ," regardless of how strong the broader investment case becomes. Why designation matters more than price action O'Leary's argument hinges less on sentiment or adoption and more on plumbing. Once Bitcoin is formally classified, he said, it becomes indexable, opening the door to the kind of institutional product structures that have historically expanded an asset's addressable investor base.

Popular on TheStreet Roundtable: Analyst sends blunt message on Elon Musk's Bitcoin ties Ex-Trump advisor unveils new Bitcoin price target Analyst issues bold call on Cathie Wood's favorite crypto stock Until then, he suggested, Bitcoin remains structurally capped no matter how compelling the underlying thesis looks. During the interaction, O'Leary picked Solana over Ethereum when asked directly. He also said the biggest mistake he sees among crypto founders is a lack of diversification.

The view aligns with his broader investment philosophy. While Bitcoin remains his largest individual holding, O'Leary consistently emphasizes the importance of diversification across the rest of his portfolio . Related: Billionaire investor reveals key reasons behind Bitcoin's decline This story was originally published by TheStreet on Jun 30, 2026, where it first appeared in the MARKETS section.

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