Expert sets date when Bitcoin will hit $200,000 in 2025

After Bitcoin (BTC) hit a new all-time high this week, a trading expert believes the asset is on track for even greater gains, possibly reaching $200,000 in 2025. According to an analysis by TradingShot, historical trends and technical setups suggest that Bitcoin might reach the $200,000 mark toward the end of this year, as per a May 23 TradingView post. Bitcoin price analysis chart. Source: TradingView In the outlook, TradingShot emphasized that Bitcoin is currently experiencing its weakest bull cycle to date, a natural consequence of the Theory of Diminishing Returns (TDM) source: https://finbold.com/expert-sets-date-when-bitcoin-will-hit-200000-in-2025/