As of early 2025, the price of Bitcoin has surpassed $100,000, setting a new historical high. Carol Alexander, a finance professor at the University of Sussex in the UK, predicts that Bitcoin could reach $200,000 in 2025, primarily due to supportive regulations in the United States and continued interest from institutional investors. Additionally, Galaxy Research forecasts that Bitcoin will test or exceed $185,000 in the fourth quarter of 2025, with a market capitalization potentially reaching 20% of the total market capitalization of gold. However, volatility in the Bitcoin market still exists, and investors need to pay attention to changes in the global economy and the dynamics of regulatory policies.