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😱🚀🚀Bitcoin will rise sharply after halving: Bernstein analysis
Analysts at #Bernstein which has more than $ 700 billion in assets under management, published a report in which they stated that they stand behind their target of $ 150 thousand and think that the upward movement in Bitcoin will continue after halving.
Investment management firm Bernstein stated that it is behind the expectation that Bitcoin will reach 150 thousand dollars by the end of 2025. In the evaluation note sent to customers with the signature of Gautam Chhugani and Mahika Sapra, the company's chief analysts, it was written that it is thought that the rise in Bitcoin will continue after halving.
"The inflows to ETFs will start again”
The report stated that the hash rate will continue to increase and it is predicted that inflows to ETFs will also resume, and the following statements were used:
“We think that the bullish movement in Bitcoin will continue, the inflows into ETFs will start intensively again, and the positive period will continue with the adjustment of the mining hash rate. Spot Bitcoin ETFs will now also be available to larger crowds through brokerage firms and official investment advisors. We, as Bernstein, stand behind the 150 thousand dollar level that we have set as the peak price for the end of 2025.”
Brokerage firms, also known as “wirehouse” in the US, provide access to about $ 7 to $10 trillion in assets. Therefore, in addition to companies such as BlackRock and Fidelity that provide access to funds directly to their customers, these brokerage institutions can also seriously attract investors to these funds.
