HOW HIGH WILL IT REACH IN THIS BULL CYCLE?
Analyst Predictions: Some analysts suggest that Bitcoin could reach 150,000 in this bull cycle, and some are even more optimistic, talking about higher figures. For example, a trader mentioned that a target of 150,000 would be "very low". Other analysts from VanEck, Fundstrat, and Standard Chartered forecast a peak price between 180,000 and 250,000 dollars by 2025.
Influencing Factors: The price of Bitcoin is influenced by supply and demand, government regulations, mining costs, technological developments, macroeconomic situations, and market perception. Institutional adoption and historical market cycles also play an important role.
