According to Deep Tide TechFlow news on October 14, reported by Cointelegraph, KULR Technology CEO Michael Mo stated, 'Driven by the increasing global adoption of Bitcoin, the price of Bitcoin could double from its current valuation, potentially reaching a peak of $200,000 during the 2025 market cycle. The biggest catalyst is the strategic BTC reserves being adopted by countries. The United States, Germany, Switzerland, and other nations are currently investigating this.'
Adam Back, co-founder and CEO of Blockstream, inventor of Hashcash, and one of the most renowned cryptographers in the industry, stated that if the Bitcoin bill is accepted by American lawmakers, Bitcoin could ultimately exceed $1 million.
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KULR CEO: Bitcoin may reach a cycle peak of $200,000 in 2025, with national strategic reserves as the biggest catalyst
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