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Yes, Bitcoin (BTC) can potentially break $110,000, but whether and when it will depends on multiple factors:
1. Market Cycles
Bitcoin historically follows 4-year cycles around its halving events (the last was in April 2024).
After each halving, BTC often sees a bull run within 12–18 months.
2. Macroeconomic Factors
Interest rates, inflation, and global financial policy affect investor sentiment.
A favorable macro environment (e.g., lower rates, ETF approvals) boosts demand.
3. Institutional Involvement
Bitcoin ETFs and adoption by major institutions (like BlackRock, Fidelity) are helping drive demand and price stability.
4. Supply and Demand
Bitcoin has a fixed supply of 21 million, which creates scarcity.
If demand continues