At this point, everyone expects BTC to get to 200k by the end of this year, but could that be possible? There is are lot of news to help with that.
We should all keep in mind that after every bull run, the dust will settle down. What are you expectation for BTC in Q3
It is true that the price of Bitcoin will go up, but I don't think it will touch $200,000 this year. But if I'm not mistaken, I can estimate $150K this year, the more the price of Bitcoin goes up, the more investors will increase. And the more Bitcoin investment institutions and treasury companies and various individuals hold Bitcoin, the more Bitcoin price will increase.
Because at present, almost all countries in the world have turned their attention to Bitcoin and are making strategic long-term Bitcoin reserves, all these factors can have a positive impact on the price of Bitcoin and will help the price of Bitcoin to go up significantly.
It's very realistic, maybe Bitcoin could reach $150K this year, or perhaps pass that price. However, it's not impossible for Bitcoin to reach $200K, but that would require more than 50% growth from its current all time high. In fact, Bitcoin is currently experiencing a slight correction, trading around $116K. However, I believe the price will recover in the next few days. I think, this is actually a good moment to enter the market.