According to ChainCatcher, as reported by crypto.news, a survey conducted by Russia's state news agency TASS shows that Russian investors surveyed expect Bitcoin to reach 160,000 USD in this cycle, but do not expect it to double to 200,000 USD in the short term.
Regarding the recent rise in Bitcoin, analysts point to macroeconomic changes, such as the Federal Reserve's interest rate cuts after a prolonged tightening phase, as well as increasing global liquidity and inflation concerns, which are prompting investors to turn to scarce assets like Bitcoin. Institutional adoption is also an important factor, including significant purchases by companies like MicroStrategy and BlackRock.
Despite the market's enthusiasm, analysts remain cautious about Bitcoin's long-term prospects. Some respondents believe there are two possible scenarios for Bitcoin's future: one is a 'conservative target' of 130,000 USD, while the other is a more bullish ceiling of reaching 160,000 USD by mid-summer 2025. However, they unanimously agree that it is unlikely to reach 200,000 USD in the current cycle.
