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📉 Is $200,000 Bitcoin a Reality or Just a Dream?
Some crypto industry leaders believe Bitcoin could reach $200,000 soon — but not everyone agrees.
🔍 According to James Check, lead analyst at Glassnode, the lack of strong buying volume is a major red flag.
> “How can Bitcoin go up when there's no volume?” he asked during an interview on Tuesday.
With BTC currently around $119,541 and a market cap of $2.38 trillion, hitting $200K would mean almost doubling in six months — a massive leap.
> “Could it happen? Sure. But is it likely? Very improbable,” Check added.
Until there's clear momentum and a stable market, he's not planning to take any big risks or leverage positions.
So the big question remains:
📊 Are we heading to $200K or just fueling unrealistic hype?
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