#BTC🔥🔥🔥🔥🔥
Forecasts become even more optimistic
Major financial institutions and research firms have been making optimistic predictions. Bernstein Private Wealth Management estimates that #BTC could reach US$$ 200 thousand by the end of 2025, a projection also released by Standard Chartered (LON:STAN).
The main factor fueling these expectations is the influx of institutional capital. Large investors, such as corporations, pension funds and charities, are beginning to consider bitcoin as a legitimate part of diversified portfolios. According to analysts, if US retirement funds or a possible strategic reserve invest even a small fraction of their assets in bitcoin, demand could increase significantly.
A case in point is MicroStrategy Incorporated (NASDAQ:MSTR), which has been leading corporate bitcoin acquisitions. The company's three-year plan to buy cryptocurrencies has already exceeded expectations. The strategy consists of treating bitcoin as a corporate reserve asset.
