Bitcoin's Rapid Surge: Experts Predict $200,000 as Record High Nears

Bitcoin is nearing its all-time high of $69,044, with experts predicting a surge to $200,000 and beyond. The approval of mainstream financial institutions issuing ETFs has driven investor interest, with predictions of $300,000 in the next year-and-a-half. Inflows into Bitcoin ETFs have already exceeded 2021 levels, and the impending halving in April could further boost Bitcoin's price based on historical trends. However, experts caution investors against getting caught up in the hype and advise a long-term investment approach.