Bitcoin Price Could Double in Next Few Years, Analysts Predict

• Bitcoin price could reach $150,000 by mid-2025 (Bernstein analyst) or even $200,000 by end of 2025 (Standard Chartered analyst) due to increasing demand • Spot Bitcoin ETFs approved in January 2023 should bring more investors and assets into the crypto market • Bitcoin mining rewards will be cut in half in the next halving event on April 16, 2024, which could boost Bitcoin price • Bitcoin has gained 348-2,964% in value in the 2 years after previous halving events, although impact is diminishing over time • Bitcoin remains volatile but has crushed returns of other assets over past 5 years; patient investors should consider small allocation