Veteran trader Peter L. Brandt suggests it could reach $200,000 by the end of the decade, emphasizing the need to surpass a parabolic resistance line that's been in place since 2012. Without breaking this barrier, he believes such a milestone is unlikely within five years. As of Jan 20th, $BTC hit an all-time high of $109,114 and currently trades at $96,606.

JAN3 CEO Samson Mow outlines six factors that might propel Bitcoin to $1 million per coin. These include institutional accumulation, U.S. federal and state governments adopting Strategic Bitcoin Reserves, the potential rebasing of the U.S. dollar to Satoshis, nation-states adopting Bitcoin as legal tender, and the demonetization of gold as investors shift to Bitcoin.

Both experts stress the importance of overcoming key psychological and technical barriers for Bitcoin's next major rally. With increasing institutional interest and global adoption trends, Bitcoin remains a focal point for those seeking significant long-term gains. Show Less