According to predictions from multiple institutions and experts, the price peak of Bitcoin in this current cycle after the halving in 2024 may range between **$150,000 and $310,000**, and it is widely believed that the key window for price surges is in the late middle of 2025 (especially from June to October). Here is an analysis based on information from various sources:

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### 1. Price Prediction Range and Main Views

1. **Conservative Prediction ($40,000 - $180,000)**

- **Standard Chartered Bank** predicts Bitcoin could reach **$200,000** by the end of 2025, mainly based on the potential repeal of the SAB-121 regulation, ETF-driven demand, and an influx of institutional funds.

- **VanEck** expects Bitcoin to surge to **$180,000** in early 2025, followed by a possible 30% correction, due to historical patterns post-halving and the ongoing impact of ETFs.

- **Pantera Capital** predicts that Bitcoin may peak at **$148,000** in **July 2025** based on the halving cycle model.

2. **Optimistic Prediction ($200,000 - $310,000)**

- **Tim Draper** and **Tom Lee** both predict that Bitcoin is expected to break through **$250,000** by the end of 2025, with the core logic being the reduced supply post-halving, ETF-driven institutional investment, and