🤩 Bernstein predicts $BTC price to reach $200,000 by the end of 2025
📊 Analysts from the research and brokerage company Bernstein have raised their price prediction for $BTC to $200,000 by the end of 2025.
👥 Experts noted that the new forecast is based on expectations of increased demand from spot ETFs, driven by leading global companies like BlackRock, Fidelity, and Franklin Templeton, which will manage about $190 billion in assets compared to $60 billion today.
🔍 The analysts also cited two other factors for the increased forecast: the "limited" supply of $BTC after the halving and the start of a new "bull" cycle.
💰 Bernstein's base scenario predicts that by 2029, Bitcoin will reach $500,000 and $1 million by 2033.