Bitcoin Predicted to Hit $250,000 Before 2028 Halving

Bitcoin is predicted to rise from $64,000 to $250,000 before the April 2028 halving. The forecast cites strong network fundamentals, including high hash rate and annual transaction volume, and cites Morgan Stanley's $235 million spot Bitcoin ETF launch and Block's merchant adoption as key drivers. Bitcoin's historical 48-month bull-bear cycles support the timeline.