What are market analysts expecting after the latest record in Bitcoin #BTC Hits New ATH# ?

Cryptocurrency analysts evaluated BTC after the price of Bitcoin climbed to an all-time high today.
Bitcoin reached an all-time high of $124,529 this morning.

However, some market analysts predict that new records are on the way and that the price could climb to 200,000 dollars.
Australian Mena Theodorou stated that the presidential decree issued by U.S. President Donald Trump, which allows Bitcoin and other cryptocurrencies to be included in retirement plans, will open the door to a $12.5 trillion market for digital assets.
Theodorou, stating that "the rise above 150,000 dollars could happen faster than many expect," mentioned that the 401(k) plans would provide crypto companies with access to approximately 90 million accounts and that this step could also be adopted by other countries.

Not only Theodorou, but also Bernstein, Bitwise, and Standard Chartered predict that Bitcoin could reach 200,000 dollars by the end of the year.

According to analysts, factors fueling the rally include Trump's executive order, steady fund inflows into spot Bitcoin ETFs, over 200 companies adding crypto assets to their balance sheets, and the weakening US dollar. Additionally, US inflation coming in below expectations is also among the factors pushing prices higher.

Zerocap analyst Emir İbrahim stated that this rise is shaped by institutional adoption, real-world integration, and deep global liquidity, unlike the retail investor-focused speculations in past bull runs.
IT IS NOT INVESTMENT ADVICE