Part 8/15:
Analysts and institutions are increasingly bullish. For example, Standard Chartered estimates that Bitcoin could reach $200,000 by 2025, contingent upon ETF approvals. Meanwhile, CME futures data shows record-high open interest, with nearly $6 billion in bets backing Bitcoin, demonstrating renewed institutional confidence.
Sanjay, a respected market analyst, suggests that Bitcoin's market cap could increase 16-fold, matching or surpassing traditional assets like gold, which totals around $15 trillion. Given Bitcoin's current market cap of roughly $900 billion, such growth seems ambitious but within the realm of possibility if mass adoption accelerates.