Bitcoin's(CRYPTO: BTC) price trajectory continues to capture attention as analysts forecast significant gains by 2025. Despite recent market fluctuations, experts maintain a bullish outlook, projecting substantial growth in the coming years.
What Happened: Bitcoin has consistently closed above $95,000 since Nov. 27, indicating robust investor interest. Despite market volatility, anErnst and Youngconsultant remains optimistic about Bitcoin's 2025 price potential.
Danny Marques, a researcher in the Bitcoin mining sector, shared insights from a study examining Bitcoin's past bull cycles. The study analyzed Bitcoin's post-halving performance and projected targets using Fibonacci extensions.
Marques noted that Bitcoin historically peaks...