I want to start by indicating that bitcoin surpassed $100,000 for the first time last month after doubling its price last year, and analysts believe that Bitcoin and other cryptocurrencies could experience another year of change in 2025.
Could Bitcoin experience another major increase?
That is what many analysts believe. A recent CNBC survey showed that several experts predict that bitcoin will reach $200,000 this year.
There are reasons for optimism. One of the main reasons is that bitcoin is becoming increasingly common after the Securities and Exchange Commission (SEC) reluctantly approved investment funds that track the price of bitcoin early last year.
