No sooner had it shattered its historical records than bitcoin already faced a new challenge. Experts agree on setting the same level as a medium- to long-term target: $200,000. The historical series, they remind us, opens the door to this conquest.
The investor momentum of recent weeks has allowed a new barrier in bitcoin's pricing to be broken, that of $110,000. "With stock markets recovering, ETFs attracting investments at a record pace, and more and more publicly traded companies buying bitcoin, the cycle that drove bitcoin above $100,000 is still in motion," highlights Thomas Perfumo, head of strategy at Kraken.
Beyond the positive momentum that the largest cryptocurrency is experiencing again, experts highlight the fundamental changes that can solidify its bullish cycle. Pieter van Poecke, CEO of NextBlock, emphasizes that "what marks this stage is not just its revaluation: it is the convergence of political, economic, and technological factors that are beginning to reconfigure the global financial system.
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