If we are to be honest, it is never possible to say whether it will reach $150,000 or not.
Since it is a decentralized currency and no one has any control over it, it is impossible to say when its price will reach that level.
Now, the amount of positive aspects that have spread about Bitcoin and the amount of big buyers buying Bitcoin is the result of which the price of Bitcoin is currently hovering around $120,000. If this positive talk about Bitcoin and the buying of buyers continues, then its value can reach much higher than $150,000.

Again, if for some reason any negative talk starts about it and if the holders start selling it, then the price will start going down because then the supply of Bitcoin in the market will increase and the number of buyers will decrease.

So we cannot say exactly where the price of Bitcoin might actually be after one month, two months, five months or a year.
However, every Bitcoin holder will always want the price of Bitcoin to remain at a respectable level.