Bernstein Analysts Convinced Bitcoin Is Headed For $150,000, Here’s Why

Bernstein Analysts Convinced Bitcoin Is Headed For $150,000, Here’s Why
Analysts from private wealth management firm, Bernstein have reaffirmed their previous Bitcoin prediction, emphasizing that the cryptocurrency has a greater chance to reach $150,000 by 2025.  Bitcoin $150,000 Price Forecast Grows Stronger Bernstein analysts Gautam Chhugani and Mahika Sapra said in a note to clients on Monday that they were now more convinced of Bitcoin’s exponential surge to new all-time highs at around $150,000 by mid-2025. The analyst’s statements were a reiteration of their earlier Bitcoin forecast in November 2023, when they predicted the price of Bitcoin to surge to $150,000. Related Reading: Crypto Expert Reveals Why XRP Is Primed For Growth In This Bull Market At the time, Bitcoin was trading around a price of $35,000, putting the analysts’ estimate at around five times the price of BTC. Now with BTC recently witnessing remarkable surges to new all time highs above $71,000, and potentially continuing its upward momentum, Bernstein analysts’ forecast seems more probable. Analysts from the private wealth investment firm have disclosed several factors that could trigger BTC’s bullish momentum. Highlighting the success and surging demand for Spot Bitcoin Exc ..

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