I don't think the price of Bitcoin in 2025 will exceed $200,000,
especially after it has already exceeded a $2 trillion market cap.
because the market doesn't have enough buying power to push it higher.
It doesn't work like that.
Prices are majorly determined by the forces of demand and supply
And when supply shrinks, demand pushes the price easily.
What I'm trying to say is the more individual, firms and government are holding
The lower the available volume in circulation
And the easier it can be affected.
You don't need trillions of dollars invested to push Bitcoin price by 2.
If we following normal cycle, we are supposed to perform better than last year
So $200K isn't off the hook this year.