$BTC

$BTC

The largest cryptocurrency in the world is about to achieve a strong weekly performance after surpassing the required level of $100,000 on Thursday. The cryptocurrency is also on track to make gains for the third consecutive week, continuing its rise since late April.

Bank forecasts suggest it will reach $120,000 in the second quarter of 2025 and hit $200,000 by the end of this year.

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Kendrick describes the $120,000 forecast as very low, noting that the price seems easily achievable now.