ChainCatcher news, according to Cointelegraph, Bitwise researchers André Dragosch and Ayush Tripathi predict that Bitcoin could surpass 200 thousand USD by the end of the year, ultimately reaching an estimated "fair value" of 230 thousand USD. Analysts believe that the continuously rising U.S. federal debt and Trump's proposed "Beautiful Act" tax cut plan are key drivers behind this bullish forecast. Analysts also stated: "Bitcoin's scarcity and resilience uniquely benefit from fiscal instability and improved market sentiment."