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Bitcoin remains the flagship cryptocurrency. As of writing, it’s trading around $103,000, following strong institutional support, including ETF inflows, corporate balance sheet adoption, and increasing scarcity driven by its most recent halving.
Bitcoin bulls argue that macroeconomic instability, inflationary fears, and declining trust in fiat currencies are pushing more investors toward hard, deflationary assets—Bitcoin being the digital equivalent of gold. Analysts like Ark Invest and some crypto users continue to uphold bold forecasts, with $250K being a key psychological milestone.
To reach $250K from current levels, Bitcoin would need to rally more than 2.5x. While not unrealistic given previous cycles, the path is likely to be volatile and gradual. The main catalyst would be broader institutional adoption and potential regulatory clarity in global markets.