Bitget Research Chief Analyst Ryan Lee predicts that Bitcoin could reach $200,000 by 2025 due to increased institutional adoption and developments in the cryptocurrency space. He believes that BlackRock's anticipated Bitcoin ETF could attract traditional finance players to enter the crypto market, potentially pushing the price of Bitcoin higher. Cole Kennelly, founder of Volmex, also expects a revival of risk appetite in financial markets, including cryptocurrencies, as year-end rebalancing and Fed-induced volatility ease. Both analysts express optimism about the future of cryptocurrencies.



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