SpaceX Will Save It… Bitcoin Expected to Reach $100,000 by Year-End

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

Despite Bitcoin (BTC) undergoing an approximately 40% correction from its peak, the possibility of it breaking through $100,000 by year-end is re-emerging.

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

The main reason for the recent decline is evaluated to be closer to a change in investor sentiment rather than fundamentals. The explanation is 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, causing the market enthusiasm to cool. However, this is not a rejection of blockchain technology itself but a portfolio rebalancing process, interpreted as a correction phase within the inherent cyclical nature of risky assets.

Amidst this, SpaceX's initial public offering (IPO) is gaining 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, it could trigger a re-entry of retail investors and institutional funds. If this is combined 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 possible.

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