Not everyone made it through the arduous wait. At the time of writing. However, it’s the moment of triumph for those who did. At the time of writing, Bitcoin briefly surged past its all-time high of $93,000 and then entered a correction phase. It was critical to break through the psychological barrier of $90,000 for further growth. The experts largely agree that the potential of the market is far from tapped out. In fact, talk of "missing the train" would only become relevant if Bitcoin crosses the $500K threshold. Can you imagine that? The fact that such figures are seriously discussed already is impressive.
Predicting such astronomical growth in the near future is challenging, even when looking a year ahead. For now, the sentiment is euphoric. Having analyzed previous halving cycles, the analyst of Rekt Capital, suggested that Bitcoin’s parabolic growth could continue until October 2025. However, he warns that the rise won't be linear, and periods of Bitcoin peaks will be followed by periods of decline. The ATH of this forecast is around $120-130K. Meanwhile, experts from CryptoQuant are more optimistic as they predict a possible surge to $180,000-200,000.
Just a few days after the elections passed, but the impact is already evident. Bitcoin is now seen as a rival to gold, with institutional investments flowing in at an impressive rate. What’s next for this rally? Primarily, an influx of new users is popularizing alternative forms of money and income. For the crypto industry, every rally is crucial, attracting new participants and innovative technologies, which continue to shape the future of finance.