PANews reported on May 16 that according to analyst Apsk32's latest views, Bitcoin has a 'reasonable chance' of reaching $220,000 by 2025, and it may even break through $250,000. He predicts that if Bitcoin's market value is measured in ounces of gold, there may be higher increases in the future based on the correlation between Bitcoin and gold prices and the 'momentum curve' model. The current gold price has reached $3,500 per ounce, and Bitcoin's performance compared to gold has significantly improved.
In addition, the analysis indicates that if Bitcoin gradually captures market share from gold, its price may rise further. According to analyst Sam Callahan, if gold prices reach $5,000 per ounce by 2030 and Bitcoin's market value accounts for 50% of the gold market, its price could approach $924,000.
