#BTC TO HIT $200K BY END OF 2025

- SAYS ANALYST -

BEFORE READING, PLEASE FOLLOW THIS PAGE BY CLICKING ON THE FOLLOW BUTTON ABOVE ✅

BTC to hit $200K

Following the halving of BTC, Bernstein, a company that predicted the surge of Bitcoin to $150,000.00 has revised it's forecast.

Bernstein in it's recent analysis, has revised it's target to $200,000 in a Thursday research note despite the current resistance Bitcoin is facing. Despite reaching an ATH of $73,000, the price of BTC has been oscillating between $59k and $70k and this may come as a surprise to many traders as many expected a surge by May 2024 following the halving event.

Bernstein's analysis follows the anticipation that BTC sport ETFs will have $190 Billion in assets under management (AUM) by December 2025 from the current $53 Billion reported I January.

MicroStrategy, an American Software Company has been identified as BTC whale 🐋, holding probably the most BTC at cooperate level. To this, Bernstein highlighted MicroStrategy as an "active liveraged" bet on BTC compared to the passive nature of sport ETFs.

The question is, what is driving the prediction to $200k? Well, Microstrategy owns about $14.3 Billion worth of BTC and is not selling but has plans to sell it's debt to acquire more BTC. The acquisition of more BTC in this post halving period will make BTC more scarce, thereby causing a high demand the coin due to limited supply.

Also knowing that cloud mining of BTC on Binance is currently underway, and HODLed for almost a year, this is yet another hint to would be traders of BTC to consider.

PLEASE NOTE THAT THIS IS NOT INVESTMENT ADVICE, CONSIDER DOYR!

PLEASE DON'T FORGET TO CLICK ON THE FOLLOW BUTTON ABOVE ✅ TO SUPPORT CONTENT CREATION. THANKS 🙏👍.