According to analysts at brokerage and research firm Bernstein, Bitcoin is predicted to reach $200,000 by the end of 2025. This projection is seen as conservative and is based on Bitcoin's potential as a store of value in the face of economic uncertainties and inflation risks. Investors looking for indirect exposure to Bitcoin may consider options like MicroStrategy, Robinhood, Riot Platforms, CleanSpark, and Core Scientific. Other crypto analysts have also suggested that Bitcoin could exceed this price target. Geoff Kendrick from Standard Chartered linked the expected surge to policy shifts, inflation concerns, and increased inflows into Bitcoin ETFs, anticipating a more favorable regulatory environment under either Donald Trump or Kamala Harris.
- Content Editor ( thecryptobasic.com )
- 2024-10-23
Bernstein Sets Fresh Bitcoin Price Target at $200K, Describing It “Conservative”