It is impossible to predict a precise number for BTC prices as volatility is inherent to the cryptocurrency market. However, given the recent news of a $20 billion institutional investment into the cryptocurrency markets, many analysts predicting the cryptocurrency market anticipate a move toward the $40,000 mark soon.
It can be argued that a bull market in the cryptocurrency market may have already started, as BTC prices have already risen to $37,000 since the news of the institutional investment and BTC developers have committed themselves to being the technology leader in the industry.
At this point, it is difficult to make definitive predictions on the future of crypto prices, as the market is so unpredictable and volatile. Analysts can only make educated guesses on the direction of the market based on current news and market trends. Although it is encouraging to see BTC prices rallying to reach pre-pandemic highs, it is best to take a cautious and conservative approach when it comes to investing in cryptocurrency.