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.
I hope my prediction is wrong. Wake me up after 160 days.
I do not like people to say that there is no enough buying power to push the price of bitcoin up. I remember my brother told me this when bitcoin price was at $56000 last year or so.
I think bitcoin is not going above $150000 though but just because after we get to that price, some people may sell and that could be the start of bear market in 3rd or 4th quarter of this year.
Individuals, companies, institutions and governments are buying everyday and yet there is no buying power to push the bitcoin price up. Even when there was no buying power in the past, bitcoin was able to give huge returns, let alone now that the buying power has increased. There should be more drastic upwards movement. I also agree with you about how high bitcoin will go. I think $130k is good enough for an ATH.