TradingView analysts predict bitcoin’s growth to $ 200,000

Experts from the TradingView platform suggest that bitcoin BTC $97,220.49 Bitcoin 2.55% Market capitalization $1.93 trillion VOL. 24 hours $2.65 billion may be at the initial stage of a parabolic trajectory that could bring its value to $ 200,000. The experts' forecast is based on an analysis of the cryptocurrency’s chart and historical growth trends.

According to estimates, bitcoin is currently showing signs of stability and recovery from past downturns. Analysts point out that the patterns of previous market cycles are repeating themselves, when the price of the asset gradually moved into a phase of exponential growth. Important factors remain the decline in the issuance of new coins due to the halving that took place in 2024 and the growth of institutional interest in cryptocurrencies.

Despite optimistic forecasts, experts warn investors against excessive enthusiasm. Cryptocurrency markets remain volatile, and short-term fluctuations are possible, which could affect the growth rate of the asset.

If the predictions come true, bitcoin could set a new historical high, which would be a significant boost for the entire cryptocurrency market. Nevertheless, analysts emphasize the importance of taking risks into account and carefully planning an investment strategy.