Deep Tide TechFlow News, on November 18, according to The Block, investment research firm Bernstein's latest report indicates that the price of Bitcoin is expected to reach $200,000 by 2025. The report believes that a series of policies following Trump's election victory will serve as important catalysts for Bitcoin's rise. These include appointing pro-cryptocurrency individuals as SEC Chairman and Treasury Secretary, establishing a national Bitcoin reserve program, supporting the development of the Bitcoin mining industry, and improving the regulatory environment for cryptocurrencies.
Data shows that the asset management scale of Bitcoin ETFs has reached $92 billion, with a weekly net inflow of approximately $1.7 billion. In addition, MicroStrategy plans to raise $42 billion over the next three years to purchase Bitcoin, and institutional investors are also re-evaluating their positions on cryptocurrencies. Bernstein analyst Gautam Chhugani stated that the impact of the new era of cryptocurrency regulation has not yet been fully absorbed by the market, recommending that investors hold Bitcoin-related assets for at least 12-18 months.
