#bitcoin

🚨 Bitcoin to $200K in 2025? Not so fast, says Glassnode analyst James Check. 📉

Despite $BTC hitting $120K recently, low trading volume raises doubts about reaching $200K this year. “Very improbable without volume kick-in,” he warns, citing the need for stable support to sustain such a rally. 📊

Still, Check remains long-term bullish, holding most of his net worth in BTC and predicting it’ll surpass $200K in 5 years. Others, like Bitwise’s Matt Hougan and Bernstein Research, are more optimistic, citing institutional demand and ETF inflows for a $200K target by Q4 2025. 🔎

What’s your take? Will $BTC hit $200K this year, or is it too steep a climb? 🤔