#BTCBackto100K

Bitcoin is currently trading at $102,849.03, having surpassed the $100,000 mark. This surge is part of a broader recovery and growth trend, driven by factors such as:

- *Institutional Adoption*: Growing exposure to Bitcoin from institutions like hedge funds and pension plans.

- *Macro Tailwinds*: Potential Federal Reserve rate cuts and a softer economic outlook.

- *Halving and Supply Dynamics*: The 2024 halving cut Bitcoin's issuance in half, historically leading to price appreciation.

- *Technological Progress*: Upgrades like the Lightning Network expansion and smart contract integrations.

*Expert Predictions:*

- *Standard Chartered*: $200,000 by the end of 2025, with a potential glide path to $500,000 in 2028.

- *VanEck*: $180,000 in 2025, with a dual-peak cycle scenario.

- *ARK Invest*: $1.2 million base case by 2030, with a bull case of $2.4 million.