Bitcoin's price is projected to potentially reach $180,000, driven by historical price cycles and growing institutional interest. Analysts point to recurring patterns of significant corrections followed by robust rebounds, with the recent 31% pullback possibly setting the stage for a 150% rally. Technical analysis indicates that ascending trendlines are providing key support, bolstering buyer confidence during downturns. Additionally, institutional investments, such as Luxembourg's sovereign wealth fund allocating 1% to Bitcoin, are enhancing the cryptocurrency's long-term adoption and liquidity.