CoinVoice has recently learned that according to The Block, investment research firm Bernstein stated in a research report that it reiterated that Bitcoin will rise to US$200,000 by the end of 2025.

Bernstein said this was driven by expectations of unprecedented demand for spot Bitcoin ETFs and the marginal production cost model for Bitcoin miners. Ultimately, the analyst's target is for Bitcoin prices to reach $500,000 by the end of 2029 and $1 million by 2033. [Original link]