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Just saw the prediction from Peter Brandt, a veteran trader who is quite well-known in the crypto community. He said Bitcoin could break through $250,000, but it seems we have to wait until the end of this year to see its lowest point.
According to Peter's analysis, there is a decline phase that needs to happen first before a massive rally to that level $250k . So if you're thinking about an entry point, it might be worth monitoring the market conditions toward the end of the year.
Peter Brandt has a solid track record in reading charts and market cycles, so his prediction is worth considering. But still, always do your own research before making any trading decisions. The market is still full of surprises!