#Bitcoin en 200,000 dollars without government demand

As we enter the first full week of 2025, analysts at the research and brokerage firm Bernstein have set 10 predictions for the coming year, as cryptocurrencies enter what they describe as the "Era of Infinity".

Era of Infinity: Cryptocurrencies will increasingly integrate into the traditional financial system, leaving behind initial volatility and becoming a stable part of the financial landscape.

Bitcoin at $200K: Bernstein maintains its price target for Bitcoin by the end of the year, driven by growing institutional adoption and potential government demand.

Increase in institutional investment: Bitcoin ETFs are expected to attract over $70 billion in investments, led by hedge funds, banks, and wealth advisors.

Sovereign adoption: The possibility of the United States and other countries acquiring Bitcoin as a strategic reserve could further drive the price of the cryptocurrency.

MicroStrategy as a leader: MicroStrategy is expected to continue being a key player in the adoption of Bitcoin by corporations.

Diversification of miners: Bitcoin miners will seek to diversify their operations towards artificial intelligence.

Convergence of AI and cryptocurrencies: Greater integration between both technologies is expected, with the development of AI-centered blockchains, smart wallets, and tokenized AI agents.

Solana ETF: There is a possibility that a Solana ETF will be launched by the end of the year, expanding investment options for institutional investors.

Greater participation of SMEs: Small and medium-sized enterprises are expected to follow MicroStrategy's example and begin adopting Bitcoin as a store of value.

Persistence of holding: As institutional and corporate investors increase their market participation, long-term holding of Bitcoin is expected to become more common.