$BTC
Crypto Research News Report: Multiple Reports Suggest Bitcoin Will Reach $200K+ by 2025
Bitcoin’s price has surged significantly over the past year, recording a 125% year-over-year increase and hitting new all-time highs.
Analysts from various financial institutions, including Standard Chartered, CryptoQuant, Maple Finance, and Galaxy Digital, are predicting that the currency could reach over $200K in 2025.
The CryptoQuant report continues to suggest that BTC’s bullish trend could be in its final stages, warning investors of potential price corrections.
Crypto Dan stated that the current phase could be the final phase of the bullish cycle that began in January 2023. The analyst predicted that the next few months will feature sharp increases in BTC trading before a slowdown. The expected overheating of markets when trading cycles rise sharply is expected to lead to more bearish cycles.
The analyst also advised investors to keep their profit options open and be cautious. Crypto Dan still revealed that he plans to make small sales of his crypto holdings during the upcoming cycles.