Analysts puts Bitcoin at $125,000 by 2024
Matrixport expects that the potential approval of the Bitcoin Spot ETFs filed by investing giants such as BlackRock and Fidelity Investments, among others, could be the push it needs.
Another important event is the BTC halving event which is less than a year away now. Going by historical performance, the BTC price has been known to rise more than 100% as expectations around the halving event grow.