Will Bitcoin reach $250,000 during the 2024-2028 halving cycle?

Bitcoin's four-year halving cycle has historically driven massive price appreciation. The April 2024 halving reduced block rewards to 3.125 BTC, and previous cycles have seen 10-20x gains from cycle lows. Predict whether BTC will reach a quarter-million dollars before the next halving. Consider institutional ETF inflows, sovereign adoption trends, supply shock dynamics, and macroeconomic liquidity cycles in your analysis.