The article discusses the possibility of Bitcoin (BTC) reaching a price of $250,000 by the end of 2024. Despite Bitcoin's price having dropped 15% from its all-time high of $108,421.80, a significant rally would be required for it to reach the ambitious target of $250K.
Experts believe that it is unlikely for Bitcoin to surge 163% from its current price of $95,000. Various factors, including market conditions and investor sentiment, contribute to this skepticism. Hence, the article concludes that Bitcoin is unlikely to achieve the $250,000 milestone in the specified timeframe.
