$200,000 Bitcoin in 2025? Bull Case Lies in U.S. Government & Institutions

Dan Novaes says Friday's sell-off in crypto was more of a focus on leverage than it was about fundamentals. He sees Bitcoin and its crypto peers continuing to rally despite their performance over the last few days — adding that a $200,000 price target for Bitcoin remains in the cards for 2025. Clarity on crypto's future from the government and additional investments from institutions are two key factors behind Dan's reasoning for crypto bulls to push momentum.

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