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Considering how Bitcoin have increased in price within the last one to two years, show's that $200k
BTC is not too big to achieve, speculations should not be based on timeline.
Bitcoin is a highly volatile assets and for that we must, make adequate risks assessments to a certain the extent at which Bitcoin could go based on the available liqudities, between it a sure thing that Bitcoin will surpassed that $200k benchmark some day's, and we will all witnessed it.
As long as this year is not over, anything is still possible.
$111k was hit some time ago and it was the latest ATH for bitcoin, while the market was slightly down due to the correction. $200k doesn't seem impossible for Bitcoin which is growing day by day, but the market is very difficult to predict so there is no certainty that can be a guarantee. Even if we are optimistic, every potential new investor must do their own due diligence and determine how much risk they can consider because whoever speaks here does not intend to give financial advice.
To rise more than 90% from now would require a lot of inflow to buy bitcoin. ETFs certainly help a lot, while the accumulation carried out by several financial companies will affect it. I hope $200k becomes a reality someday, even if not in 2025.