Bitcoin's Potential for Astronomical Growth

Bitcoin's sudden downturn on April 20, 2024 may lead to a substantial increase in institutional investments, potentially causing a future price surge.

### Uncertain Times for Bitcoin in 2024
The Bitcoin market took a downturn in April 2024 and is predicted to potentially peak at a high level. The increasing involvement of 1,600 companies and institutions suggests a possible astronomical rise in the market. The potential for Bitcoin to soar even higher in the next cycle, surpassing previous prices, adds to the uncertainty of the market's future.

### Analyst Predicts Bitcoin Price May Peak at $100,000 in Current Cycle
* 📉  On April 20, 2024, the Bitcoin price started to decline, marking the beginning of a **downturn**.
* 📈  The analyst estimates that the price may peak at around **$100,000**, possibly reaching up to **$1 million**.
* 💥  If the price intensifies towards the end of the cycle, the **frenzy could escalate further**.
* 💼  About 1,600 companies and institutions, including pension funds, have started to **invest in Bitcoin** within five months.
* 🚀  The analyst believes this is just the beginning, and the current stage might be **premature to be considered the peak**.
* 🔄  In the next cycle, if there is **overwhelmingly high growth surpassing the previous price**, Bitcoin's price could **soar**.

"너무 똑같아서 소름 돋는다" 비트코인, 6개월 내 X억 됩니다｜성정길 대표 1부

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