Based on PANews, Arete Capital partner McKenna said Bitcoin could face up to 31% market correction in the short term, but long-term institutional inflows will drive prices to new highs. He noted Bitcoin has fallen below the 50-week moving average, with key support levels at $96,200, $93,300, and $86,000–$91,000. McKenna expects Bitcoin to not reach a new high in 2025, but to exceed $150,000 in late 2026 and break $200,000 before Trump's term ends.
Arete Capital Partner Predicts Bitcoin May Not Hit New Highs in 2025, But Could Surpass $200,000 Before Trump's Term Ends
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