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Analyst: BTC is expected to double after breaking the 100,000 mark for the first time

Gate News: According to Jinshi's report, BTC has continuously broken new records this month, breaking through the $97,000 mark on Thursday. Investors continue to expect that the election of US President Trump will usher in a "golden age" for cryptocurrency, which will include more supportive regulation of the industry, as well as potential national strategic BTC reserves or reserves. BCA Research data shows that BTC is approaching the $100,000 mark for the first time, but it may still double thereafter. Analysts generally believe that the strong momentum of Cryptocurrency will continue, and BTC is expected to reach $200,000 by the end of 2025, and Ethereum will reach $10,000. Swan Bitcoin analyst Sam Callahan said that BTC's price continues to be driven by a series of factors, including improved liquidity, increased institutional adoption, and a regulatory environment that has turned from headwinds to tailwinds. Another term for Trump also means a larger budget deficit, potential inflation and changes in the international role of the dollar - all of which will have a positive impact on the price of BTC.
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