$200k price at the end of 2025 is reasonable enough.
The problem is, majority of people won't believe until they see it themselves, pessimism is the nature of majority of people. I still remember people were so bearish when bitcoin have a drawdown back then when it was doing sideways around the price of $49k - 60k.
Everytime price dumped, people always doom posting but see current price of bitcoin and this is what I like about bitcoin, it keep making people surprised.
So my bet $200k by the end of the year, i'm pretty optimistic.
I also think the same but...that still far away to reach for Bitcoin. We have 7 months to go to see what will happen in the end of 2025. We hope there is many more positive news will release so that can lift Bitcoin price monthly.
Those who pessimism will see how strong Bitcoin performance to beat every bad news out there. Even if the price is down, that doesn't mean Bitcoin can not increase. Bitcoin will give more surprises to us so we just need to wait and see while we still focus to accumulate more Bitcoin.
The time will come for Bitcoin reach $200k or even higher. So we don't have to think to those who pessimism because they will regret if they don't take action from now.
It sounds so overwhelming if you think about it in absolute terms, which is $100k on top of what it is now. But when you think about it from the perspective that most people had in the past, it is not all that much to double in price. When bitcoin hit $10k, it was inconceivable that it could relatively quickly reach six figures, which was $100k. It was about seven years and if you think that bitcoin could one day hit $1.000.000, this could happen rather sooner than later and then $200k doesn't sound overwhelmingly far away.