According to BlockBeats news on January 2, as reported by Cointelegraph, Bitget Research Chief Analyst Ryan Lee stated that BlackRock's Bitcoin ETF is expected to attract more institutional adoption of Bitcoin by simplifying investment channels for large investors by 2025. The new ETF milestone and BlackRock's growing funds could push Bitcoin up to $200,000.
Ryan Lee stated that 'long-term forecasts indicate that Bitcoin will continue to grow, with some predictions suggesting that by 2025, the value of Bitcoin could reach $200,000. However, the trajectory of Bitcoin will be influenced by regulatory developments, market dynamics, and broader economic conditions.'
