Several factors suggest a potential surge in Bitcoin's price, potentially reaching new all-time highs above $152,000. Increased institutional adoption, coupled with growing macroeconomic uncertainty and a flight to safety, could drive significant capital inflows into Bitcoin. The ongoing development and maturation of the Bitcoin network, including the Lightning Network for faster and cheaper transactions, enhances its utility and attractiveness as a store of value and medium of exchange. Furthermore, a decrease in Bitcoin's circulating supply through halving events, a programmed reduction in the rate of new Bitcoin creation, historically creates scarcity and upward price pressure.
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