As far as banner years for Bitcoin (BTC-USD) are concerned, 2024 will certainly go into the history books as one of the best. The world’s largest cryptocurrency has continued to make new all-time highs following the recent re-election of Donald Trump to the presidency, with a number of fundamental factors providing a strong backdrop for Bitcoin to continue to rise moving forward.
The question many bulls now have is not whether Bitcoin will be able to cross the $100,000 mark again, but whether the next key psychological threshold of $200,000 could be possible in 2025. There are certainly reasons why many believe that such a valuation is not only possible but probable.
With that said, let’s dive into the bull case behind why Bitcoin could certainly breach the $200,000 threshold in 2025.
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