Since its post-halving slump in April, when investor margins were tight and long-term return expectations hit a cycle low, Bitcoin has made a remarkable comeback. Now, with the asset nearly at $110,000 and the macro conditions appearing somewhat favorable, bullish projections have returned, including the possibility of reaching $168,000 by October 2025 if the current momentum maintains. Inflows into ETFs, improving long-term growth rates, and low volatility are leading us to a transitional but hopeful market. Right now, participants are observing closely to see what next directional move U.S. economic data will provide. From April Trough to June Recovery: CAGR
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