Bitcoin: Riding the Bull to $100,000 and Beyond – The Sky's the Limit!

Bitcoin has shown remarkable resilience and strong performance after a 65% price drop in 2022, with a surge of 154% in the past year. Neil Patel, a writer for The Motley Fool, predicts that Bitcoin could reach $100,000 in 2025. He emphasises Bitcoin's unique features, including decentralisation and a fixed supply of only 21 million coins, making it a finite asset compared to traditional currencies like the U.S. dollar. Patel also highlights the upcoming Bitcoin halving in April, historically associated with bullish market trends, and the SEC's approval of spot Bitcoin exchange-traded funds, which adds legitimacy to Bitcoin as an asset class.