$BTC Analysts predict that bitcoin could surge to as high as $200,000 by mid-next year.

"Our minimum price target for bitcoin remains at $140,000 - $200,000 around mid-2025.

The current bull market reflects strong institutional demand, led by ETFs and spot accumulation. Historical data suggests we are mid-cycle, following the April 2024 halving, with the market likely to peak around [the third and fourth quarter of] 2025, approximately 450 days post-halving. Historically, post-halving years have seen the strongest rallies.” Bitfinex analysts said.