Bitcoin (BTC) surged past $108,000 on December 17, with predictions suggesting a peak of $220,000 by March 2025, although some analysts warn the bull run may end sooner. Bitfinex analysts anticipate a longer bull cycle, potentially reaching $339,000 by late 2025, driven by institutional adoption and Bitcoin ETFs. Despite recent volatility, they believe the market is not yet in a euphoric state, urging investors to watch for signs of overbought conditions as the cycle top approaches.
