Bitcoin’s peak price was $124,000. If Bitcoin had gained just another $26,000, we might have seen it rise to $150,000. However, since it’s late September and October ahead, and there are still more than three months left until the end of the year, it’s definitely expected that Bitcoin will reach $150,000. Also, when Bitcoin dropped from $124,000, we saw dumping to $107,000 and pumping from $107,000 to $118,000, so it makes sense that the market might not dump anymore and will rally, so I strongly believe that Bitcoin will surpass $150,000 by 2025.
Now bitcoins are hindering around $112k which is not bad as they have stopped dropping and we can soon see markets recovering soon but this also does not mean that we can see a huge pump reaching $150k. Bitcoins are moving slowly this year and we might have lost volatility. If it remains the same than we can expcet bitcoins somewhere around ATH of $124k by the end of this year. Next year, we can see some pump in Q1 at least according to the technicals.
Fundamentals as well are playing an important role so any bullish news can trigger bitcoins to touch $150k by the end of this year. We did see rate cuts by the feds which somehow was a bullish event for bitcoins. The effects will come into picture after a couple of months so expecting November or December to show some promising growth.