Is $200K Bitcoin on the Horizon? Analysts Say 2025 Could Be the Year
Bitcoin could reach $200K by mid-2025, driven by institutional demand, ETF inflows, and the lasting effects of the 2024 halving, according to Bitfinex analysts.
With ETFs holding over 1.13 million BTC and attracting $35.5 billion in inflows, they’ve played a key role in stabilizing the market. Analysts predict a price range of $145,000 to $200,000, with broader economic factors like Federal Reserve rate cuts and wage growth further boosting Bitcoin’s potential as a global asset.
While early 2025 may see volatility, the overall trend points to significant growth for the cryptocurrency.
Clever Robot News Desk 21th December 2024
