Bitcoin Could Soar to $210,000 in 2025, Predicts Presto
The world’s largest cryptocurrency, Bitcoin (BTC), stunned the entire market with its surge above $100,000. The halving event that occurred in 2024, followed by Donald Trump’s inclination towards the market, put BTC on a pedestal. In addition to its rise beyond $100,000, the king coin went on to hit an all-time high of $109,114.88. Despite its current setback, several analysts and industry experts are confident about Bitcoin’s rise. More recently, Peter Chung, head of research at prominent trading firm Presto laid out a notable prediction for BTC. Also Read: Cardano: How Far Could a $2,000 ADA Investment Take You by May 2025? While most predictions suggest that Bitcoin is expected to reach $200,000 this year, Chung decided to go a step further. Appearing in a recent interview with CNBC, Chung predicted that BTC will hit $210,000 by the end of the year. He stated that the main factors influencing his long-term positive perspective were institutional adoption and the gro...