Bitcoin has recently reclaimed the $100,000 mark, trading at approximately $100,079.16 as of February 7, 2025. Analysts and investment firms are expressing bullish sentiments about Bitcoin's future price potential. Standard Chartered Bank has projected that Bitcoin could reach $500,000 by 2028, attributing this to the growth of exchange-traded funds (ETFs) that enhance investor access and reduce volatility. Meanwhile, ARK Invest has outlined a more optimistic scenario where Bitcoin could hit $1.5 million by 2030. Other notable predictions include former PayPal president David Marcus advocating for a strategic Bitcoin reserve, and various analysts suggesting that Bitcoin's growth could surpass that of gold over the next few decades. The current market conditions, including stable bond yields below 4.50%, are seen as favorable for Bitcoin, potentially allowing it to break through key resistance levels of $102,500 and even reach previous all-time highs of $108,000. The sentiment around Bitcoin is further bolstered by increasing institutional interest, highlighted by PNC Bank's $67 million exposure to Bitcoin.