Bitcoin at $200,000 and other predictions from Bernstein

The analysis firm anticipates good times for the bitcoin and cryptocurrency industry.

There are bullish expectations for bitcoin.

Bitcoin would reach $1 million in 2033, according to Bernstein.

The company foresees a prosperous future for Bitcoin mining companies and exchanges.

Bernstein is a company that specializes in the research and execution of stock transactions globally.

For this company, with headquarters in New York (United States) and London (United Kingdom), cryptocurrencies and bitcoin (BTC) are not something foreign.

As CriptoNoticias reported on October 9, Bernstein analysts have made projections about the price of bitcoin in the near future. For them, the results of the elections in the United States will be fundamental in determining the direction that the price of the digital currency will take. In the event of a victory for Republican Donald Trump, bitcoin would go to $90,000 this year. On the other hand, if Democrat Kamala Harris wins, it would go to $40,000.

Beyond the volatility that bitcoin may have in the short term, in the medium and long term, Bernstein maintains its bullish thesis. A recent report from the company again says, as it had stated in June, that BTC will reach $200,000 in 2025.