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Major banking institutions estimate Bitcoin may soar as high as $200,000 by the end of the year, fueled by significant ETF investments and shifts in capital from gold markets.
Leading financial institutions forecast Bitcoin reaching as high as $200,000 by the end of 2025, driven by strong ETF inflows and shifts from gold markets.
Analysts notice Bitcoin could rally towards $110,000, although there are dynamics suggesting a short-term pullback due to gaps in the market.
The delay in repayments from the defunct Mt. Gox exchange could influence Bitcoin prices as the market absorbs redistributed BTC without significant downturn.
Bitcoin investor sentiment hits a yearly low; however, Bitwise suggests this may be an ideal time for accumulation rather than panic.
Bitcoin's recent price slump appears less drastic compared to historical corrections, hinting at potential for recovery.
With gold reaching new heights, Bitcoin's price may significantly increase. Analysts predict a potential value of $644,000 for Bitcoin as the next halving approaches.
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