Bitcoin may reach $180K by the end of next year!

The price of Bitcoin has been going down for the past year. So many people were disappointed. Especially those investors who entered the market in a bear market were the most disappointed because they had never seen a bull market. Last year it seemed like the price of Bitcoin was going to bottom. But Bitcoin backs up the opposite. Since the beginning of this year, the price of Bitcoin has started to rise again, especially since spot Bitcoin ETFs were approved. Although Bitcoin hit an all-time high in the month of March, then the market was down a lot, but since the beginning of this month, Bitcoin seems to be creating new all-time highs every day. Bitcoin is constantly making new history. As we have seen Bitcoin price trading around $100,000 a few days back, though it did not reach $100,000 but was just a little bit lower.

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But currently the price of Bitcoin is below 100,000 dollars, it will easily reach 100,000 dollars in the next year and may exceed 100,000 dollars in December. However, the price of Bitcoin is expected to reach $180,000, close to $200,000 by the end of next year. Bitcoin price is likely to be between $100,000 and $120,000 by the end of this month or next month or early next year. Especially if we follow the trend of the Bitcoin price increase during the last Bitcoin Halve, the price of Bitcoin will go above 1 lakh dollar very soon.

Bitcoin prices have been on the rise since this month's US election period when Donald Trump was re-elected president. However, Donald Trump has been elected and will assume the presidency on January 20 next year. And it is expected that before this time the price of Bitcoin will start a good movement again then the price of Bitcoin will easily go above 1 lakh dollar. And the price of BTC may eventually reach $100 before the president takes office. During this bull run, the price of Bitcoin may double the price it is currently at. If we consider that the price of Bitcoin is still trading above $96,000, then by the end of next year, the price of Bitcoin is likely to reach the $180,000 threshold. It seems unrealistic but in fact possible because according to the current position of Bitcoin if the price of Bitcoin continues to rise then many things are possible in the future.

But it may take some time before Bitcoin price reaches this price but we can witness this level near the end of 2025. The peak of this cycle can reach higher levels. Caution to manage risk properly by executing trades through limit orders and using options to avoid the devastating effects of rapid market downturns. Usually we see something like this in Bitcoin every four years when the Bitcoin reward is halved among Bitcoin miners. So this will keep BTC volatility high. As bitcoin mining volume is halved, bitcoins may become scarcer. Bitcoin prices have continued to rise since the recent US presidential election. However, increased demand due to macroeconomic factors has further pressured the already low Bitcoin supply this month. However, it will take some time for Bitcoin to reach this price, but it could be reached by the end of next year.