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Bitcoin (BTC) on Thursday hit an all-time high of $111,862.98, gaining 3.3% in a single day and edging close to the psychological $112,000 mark. But according to industry experts, this may just be the beginning—with some predicting BTC could reach $200,000, $500,000, or even higher in the coming Back, Blockstream CEORenowned Bitcoin developer and Blockstream CEO Adam Back believes BTC could soar to $500,000 to $1 million in this cycle. He told Decrypt that current prices are surprisingly low considering the post-halving environment and significant institutional involvement. A new all-time high could quickly become much higher, he Chartered: $200,000 in 2025, $500,000 by 2029British banking giant Standard Chartered is also bullish. Geoffrey Kendrick, the bank's Global Head of Digital Assets Research, expects Bitcoin to hit $200,000 by the end of 2025, citing a shift away from U.S. assets as investors seek non-sovereign stores of value. Looking further ahead, Kendrick projects $500,000 by 2029, when former President Trump’s next term is expected to : $200,000 in This Bull RunInvestment firm Bernstein forecasts Bitcoin reaching $200,000 during the current bull run, driven by institutional inflows. Analysts say up to $330 billion could be invested in BTC over the next five years. The Bitcoin genie is out of the bottle, they stated, emphasizing the irreversibility of growing institutional Hayes: $150,000 in 2025Former BitMEX CEO Arthur Hayes predicts $150,000 by the end of 2025, arguing that global capital will flee traditional assets amid aggressive central bank money printing. “Bitcoin is the only lifeboat,” he wrote in a recent Draper: $250,000 by End of 2025Venture capitalist Tim Draper expects BTC to reach $250,000 by late 2025. He criticized companies not holding BTC as being “irresponsible” and noted Bitcoin’s increasing gravitational pull on global Fink: $700,000—EventuallyBlackRock CEO Larry Fink, whose firm launched the iShares Bitcoin Trust, suggested BTC could eventually hit $700,000, especially as sovereign wealth funds allocate even a small portion of their assets to Armstrong: Multi-Million Dollar FutureCoinbase CEO Brian Armstrong envisions Bitcoin reaching multiple millions in the long term, driven by nation-state adoption. However, he cautioned that BTC still has a long journey ahead before hitting those heights.