Honestly, $200K this year looks unlikely — too many factors just aren’t clicking.
We will never know but let's just go in the real part that the chance is there but, we don't know if the time is enough for it.
Bitcoin gets to another all time and this is giving a sense of fulfillment and hope about what's waiting in the future.
The short term future just like what everyone is thinking of the same on this thread if it will reach $200k, maybe......
I think Bitcoin will not be able to reach 200k this year. Although it may be incredible to hear. I hope you are aware of the Bitcoin Market and you are watching every step of Bitcoin. Various analysts say that Bitcoin can reach 150k to 160k this year. But if one month is done, it can be understood that the maximum can reach 135k. Moreover, the biggest problem is the trader. Because they sell Bitcoin in the hope of gaining a small amount, and that Bitcoin sells the same for profit. Therefore, we need to refrain from the short trade and plan to invest in long -term. So that Bitcoin is very few market transactions, then it can reach 200k very quickly.
If the market is bullish, then the price of Bitcoin will not be difficult to reach $200k in this year. But if there is a decline or a crisis of confidence, then the price may go further down. Currently Donald Trump is very serious about Bitcoin. He can give permission to invest in Bitcoin directly from his country's 401k accounts. If this permission is granted, the market will gain momentum again. People will be able to increase their investment in Bitcoin with confidence. If the current positive response of people is added to the money in retirement accounts, then the market can quickly move towards $200k, which is not impossible. There is still a lot of time left until the end of this year, so we can expect the positive side of the market.