Bitcoin's future looks promising as KULR Technology Group predicts a potential peak of $200,000 during the 2025 market cycle. KULR recently invested over $21 million in Bitcoin, marking the start of its Bitcoin treasury strategy. CEO Michael Mo cites global adoption and strategic reserves by nations as key drivers. The US Bitcoin Act, proposed by Senator Cynthia Lummis, could further boost Bitcoin's value. However, achieving these highs depends on regulatory developments and Federal Reserve policies. Meanwhile, institutional interest in Bitcoin continues to grow, signaling a positive trend for the cryptocurrency.
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