Bitcoin's Future (2025+):
Price Outlook:
Bullish: $710K–$1.5M by 2030 (ARK, Fidelity); predict $120K–$150K soon.
Bearish Risks: 20–40% corrections due to macro issues, regulations, high fees.
Current: $109,161 (post-$93K high, Nov 2024), driven by ETFs, 2024 halving.
Drivers:
Institutions: ETFs (Jan 2024), BlackRock boost adoption.
Halving: Lower supply may lift prices.
Regulations: Pro-crypto U.S. policies help; CFTC risks remain.
Tech: Taproot, Lightning Network aid scalability; mining centralization a concern.
Risks:
Volatility, potential crashes, wealth concentration (0.01% hold 27% BTC).
Regulatory crackdowns, altcoin competition.
Summary: Strong outlook with institutional, halving support; risks include volatility, centralization, regulations. Invest cautiously.