Analyst Raises Bitcoin's 2025 Target to $200K

The chart of the day is presented by crypto.com, the leading crypto platform trusted by over 80 million users worldwide. Let's take a look at the chart of the day. Bitcoin skyrocketed above $57,000 this morning for the first time since November 2021. Analysts are making their bets on how long this rally will sustain with over four decades of experience tracking markets. Peter Brandt expects the ongoing Bitcoin bull market to peak at $200,000 in September 2025. This is a significant upward revision from the initial estimate of 100 and $20,000. Several other studies suggest the steep bull run ahead, including those based on previous having cycles. The having could continue to draw inflows into spot Bitcoin ETF S and some analysts are saying that prices could be driven into the six figures. That's w for today's chart of the day. I'm Jen Sasi. We'll see you next time to unpack more of the data behind top news stories.