From Yahoo Finance: 2025-05-03 09:05:00

Bitcoin recently regained the $95,000 price level after a rough start to the year, with bullish predictions ranging from $200,000 to $13 million based on institutional investor allocations. The cryptocurrency is up over 15% in the past month, showing resilience amid economic uncertainty.

Forecasts suggest Bitcoin could hit $700,000 and even $10 million, driven by institutional adoption. Analysts like Cathie Wood and Michael Saylor have raised price targets significantly, backed by detailed valuation models. The key factor remains institutional investor allocation, with potential for massive growth if allocations increase.

Ark Invest’s $2.4 million prediction and Strategy’s $10 million forecast highlight the potential for Bitcoin to become the most valuable asset globally. Factors like institutional allocations and market dynamics play a crucial role in determining future price targets. The ongoing economic uncertainty and global tariffs pose challenges but could also drive investment in Bitcoin as a store of value.

Read more: Is Bitcoin’s Rebound Just the Beginning?