With Bitcoin recently hitting an all-time high of over $118,800, industry insiders are optimistic about its future. Hedge fund manager James Lavish likened Bitcoin's price potential to the U.S. debt ceiling, stating there may ultimately be no limit. Analysts from Bitwise Asset Management predict Bitcoin could surpass $200,000 by the end of 2025, bolstered by significant investment activities from major corporations. Notably, BlackRock's IBIT ETF became the fastest in history to reach $80 billion in assets under management, reflecting growing institutional interest. Following its peak, Bitcoin demonstrated a consolidation pattern, indicating potential bullish momentum ahead as it stabilized around the $118,000 mark. Volatility was noted during transactions with significant trading volumes, affirming institutional engagement and suggesting underlying strength in Bitcoin's market performance.

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