Bitcoin’s price has recently surpassed $100,000, driven by factors such as the April 2024 halving event, which reduced the rate of new coin creation, and the election of a pro-crypto administration under President Donald Trump. 
Analysts anticipate continued growth, with projections suggesting Bitcoin could reach up to $200,000 in this cycle. 
However, they also warn of potential price corrections, possibly around 30%, due to market volatility. 
Investors should remain cautious and consider the inherent risks associated with cryptocurrency investments.
