Bitcoin Hits Record High Then Plummets: What Market Experts Say
By
Zoltán Kovács
1 min read
⚠️ Heads up: this article is from our "experimental era" — a beautiful mess of enthusiasm ✨, caffeine ☕, and user-submitted chaos 🤹. We kept it because it’s part of our journey 🛤️ (and hey, everyone has awkward teenage years 😅).
Bitcoin surged to a record high of $73,000 before plummeting to around $68,000 within two days, leading to mixed opinions on future volatility. Bernstein analysts predict a $150,000 valuation by mid-2025. Market experts' views on bitcoin's outlook vary, from steady ramp-up to substantial potential following the upcoming halving event and ETF demand. Industry figures, including Kris Marszalek, Michael Novogratz, JPMorgan analysts, and Microstrategy's CEO Michael Saylor, weigh in on the cryptocurrency's performance and future prospects.