Bitcoin is expected to rebound to $100,000 and possibly surpass it by the end of 2024 or early 2025, driven by factors such as institutional adoption, increased demand for Bitcoin-based ETFs, and supply reductions due to the halving in April 2024.
Some analysts predict that Bitcoin could reach $103,000 by the end of this year, as the market’s bullish momentum continues. Additional factors, such as the stability of the US economy and pro-crypto policies, could support this trend.
However, there are concerns about potential short-term volatility due to corrections or selling pressures as Bitcoin approaches the $100,000 mark, which is an important psychological level for the market. If current trends continue without major disruptions, Bitcoin could surpass this level in the current market cycle.
The outlook remains positive but is subject to market developments and global economic factors.
