💬 Bitcoin could reach a new historical record this year thanks to the « FOMO Rally » of Bitcoin ETFs according to Bernstein.
« We think that the best days of bitcoin are coming, and that the bitcoin market based on ETFs is ready for what we expect to be a FOMO rally. »
In a note to their customers, Bernstein analysts, whose assets amount to $725 billion, are optimistic that the price of Bitcoin will reach new highs later this year.
Between the increase in demand and the expected reduction in supply, analysts say that investors could soon seek to invest in bitcoin by FOMO, or « fear of missing » potentially lucrative gains.
