The cryptocurrency market continues to grow steadily, with Bitcoin leading the rally$BTC , which rose to $89 thousand for the first time in history.
Bernstein Research analysts shared optimistic forecasts and recommended their clients to “buy everything they can.” According to them, Bitcoin will grow to 200,000.
The recent rally has prompted many asset managers, brokers and private investors to reconsider the cryptocurrency in their portfolios, and Bernstein has done the same.
In addition to the flagship of the crypto market, Bernstein's digital asset investment basket also includes top altcoins such as Ethereum $ETH and Solana $SOL
In addition, the company is interested in projects from the decentralized finance (DeFi) sector: Arbitrum (ARB), Optimism (OP) and Polygon (POL).
“As regulations in the cryptocurrency industry ease, we expect Ethereum, Solana and other digital assets to outperform Bitcoin over the next 12 months,” Chhugani and Sapra said.
Shares of Michael Saylor's firm hit an all-time high (ATH) of $351.73 this week, up more than 438% year-to-date, according to MarketWatch.
