68% of Crypto Investors Think Bitcoin Will Hit $200,000 in 2025. Here's Why They Could be Right.

Bitcoin (CRYPTO: BTC) continues to prove its skeptics wrong. As of this writing on the afternoon of Feb. 7, it trades at $97,300 per coin. That figure is up 130% in one year and 906% over the past five.The bulls are setting their sights on the next milestone to be achieved in a short period of time. A notable 68% of cryptocurrency investors think Bitcoin will hit $200,000 in 2025. While that certainly seems like a very optimistic scenario in less than 11 months' time, here's why those believers could be right.The trajectory Bitcoin is on is quite impressive. It all started in early January 2024 with the approval of spot Bitcoin ETFs. These provided a regulatory-compliant way for anyone to gain exposure to Bitcoin's price in a convenient way. They have seen massive amounts of capital inflows.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool