Since its price cratered 65% in 2022, Bitcoin (CRYPTO: BTC) has come roaring back. Last year, it surged 154%, thanks to strong gains within the overall cryptocurrency and stock markets.

At a price of just over $43,000 as of Feb. 1, Bitcoin remains well off its peak price of nearly $69,000 in November 2021. Bullish investors are sure that there is a lot more upside when it comes to the world's most valuable cryptocurrency.

I think Bitcoin is on its way to reaching $100,000 sometime in 2025. Let's take a closer look at why.

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Source Fool.com