Bitcoin targets $200K as profit metrics enter ‘cautiously optimistic’ zone
Bitcoin's supply in profit has surged to 98%, indicating significant bullish sentiment, though it also raises warnings about upcoming volatility and potential price corrections. Analysts suggest that Bitcoin (BTC) could reach $200,000 by the end of 2025, contingent on maintaining sustained demand. The realized profit/loss ratio has increased sharply, which reflects strong market confidence but hints at risks of profit-taking if price momentum wanes. Popular analysts note that Bitcoin is poised to break out of a multi-year channel, with expectations of an explosive price increase. Predictions suggest a range where Bitcoin may reach between $130,000 and $200,000 by the fourth quarter of 2025, backed by institutional demand. However, events in the market and external economic factors, such as the strength of the U.S. dollar, also play a critical role in shaping Bitcoin's future price trajectory. Overall, a cautious optimism prevails among investors as they navigate the current market landscape.
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