Despite a recent downturn, Bitcoin has demonstrated resilience, stabilizing above the crucial $100,000 mark after facing significant market volatility. While some experts foresee a potential surge in value, reaching as high as $170,000 within 6 to 12 months, others express caution about its future trajectory. Analysts at JPMorgan suggest Bitcoin’s stabilization and sustained investor activity, despite recent ETF outflows, justify this optimistic forecast based on market behavior and stability. However, the recent decline of Bitcoin spot ETFs through several consecutive days highlights a potential risk in this bullish prediction. Despite these uncertainties, the stability amidst withdrawals suggests long-term belief in the cryptocurrency’s lasting value.