SpaceX to the rescue…Bitcoin projected to reach $100,000 by year-end

▲ Bitcoin projected to reach $100,000 by year-end…Musk's SpaceX IPO as catalyst/AI-generated image

Despite Bitcoin (BTC) undergoing a correction of approximately 40% from its peak, the possibility of it breaking through $100,000 by the end of the year is once again being highlighted.

According to investment media outlet The Motley Fool on April 24 (local time), Bitcoin, after reaching an all-time high of approximately $126,000 in October 2025, has currently fallen by about 40%, but an analysis suggests that a strong rebound scenario in the second half of the year remains valid.

The primary reason for the recent decline is evaluated to be closer to a change in investor sentiment rather than fundamentals. It is explained that Bitcoin was pressured as growth stock investors moved funds from volatile cryptocurrencies to assets with stable cash flows amidst macroeconomic variables such as persistent inflation, changes in tariff policies, and reduced liquidity.

In particular, some of the funds that flowed into Bitcoin spot ETFs in 2025 exited with profit-taking, cooling down market enthusiasm. However, this is not a denial of blockchain technology itself but rather a portfolio rebalancing process, interpreted as a correction phase within the cyclical nature unique to risky assets.

Amidst this, the initial public offering (IPO) of SpaceX is attracting attention as a hidden rebound catalyst. The company holds approximately 8,285 BTC, valued at about $650 million. If a large-scale IPO with an estimated corporate value of approximately $2 trillion materializes, investors would gain indirect exposure to Bitcoin through the shares.

The market also considers Elon Musk's influence as a variable. If Musk's statements or changes in corporate strategy stimulate investor sentiment, there is a possibility of re-attracting individual investors and institutional funds. Coupled with increased liquidity from a large IPO, Bitcoin could regain upward momentum, making a scenario of recovering to over $100,000 by year-end entirely plausible.

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