<ul data-eligibleForWebStory="false"><li>Greg O'Gallagher predicts a rapid and substantial surge for Bitcoin, projecting it to reach $250,000 based on historical trends, institutional demand, and fiscal policies driving growth.</li><li>Bitcoin's current price is around $107,654, with a 0.62% increase in the last 24 hours and a 0.88% rise over the past week.</li><li>Referencing past halving events, O'Gallagher highlights significant price increases following each, leading him to anticipate a 4.2x surge from the April 2024 halving, potentially pushing Bitcoin above $250,000.</li><li>Factors like increased accessibility, institutional involvement, rising interest rates, retail investor behavior, and fiscal policies contribute to O'Gallagher's positive outlook on Bitcoin's future growth potential.</li></ul>

Analyst Says Bitcoin Will Go to $250,000 Quickly and Violently, Here’s Why

Discover more