Mike Belshe, CEO of BitGo, has made a bold prediction that Bitcoin will experience a remarkable rally in the next six months, potentially reaching $125,000 to $135,000 by year-end. This forecast represents a significant increase of up to 94% from Bitcoin's current trading range.

Belshe attributes his optimistic outlook to two key factors: the escalating US national debt and the weaponization of the US dollar. He believes that the uncontrollable rise in national debt strengthens the case for Bitcoin as a viable alternative to traditional financial systems. Moreover, the US government's use of sanctions and control over the US dollar in foreign policy has driven other nations to seek alternatives, creating an opportunity for Bitcoin to fill the gap as a global reserve currency.

The formation of economic blocs like BRICS, which are developing payment systems outside the influence of the US dollar, also supports Bitcoin's potential rise. Although these initiatives are currently small-scale, Belshe expects their impact to grow over time, reducing the dominance of the US dollar. The trend of conducting more transactions in other currencies, combined with US sanctions and foreign policy measures, alarms US dollar holders and creates a favorable environment for Bitcoin's growth.

In conclusion, BitGo's CEO predicts a significant Bitcoin rally driven by the US debt crisis, the weaponization of the US dollar, and the emergence of alternative payment systems. This narrative underlies Bitcoin's existence and positions it as a modern equivalent to gold, poised for substantial growth in the coming months.