Bernstein projects Bitcoin potential value of $200,000 by 2025, citing significant factors that could drive its growth.
Bitcoin is projected to reach $200,000 by 2025 due to rising US debt and inflation concerns, according to Gautam Chhugani of Bernstein.
Bipartisan support and positive ETF flows drive Bitcoin up by 45%, claims analyst Gautam Chhugani reported COINOTAG news.
Veteran trader Peter Brandt predicts Bitcoin could drop below $40,000, assigning a 65% probability. Analyst Gautam Chhugani, considering the US Presidential election, foresees different outcomes for Bitcoin's price based on who wins.
Analysts highlight a $20 billion opportunity in Bitcoin mining, driven by Trump's support, according to Bernstein experts.
Bernstein analysts Gautam Chhugani and Mahika Sapra predict Bitcoin to reach $200,000 by 2025 and $1 million by 2033, influenced by upcoming Bitcoin halvings.
Bernstein analysts suggest that the SEC likely aimed to avoid a legal battle by taking a pragmatic approach, dismissing political influence in spot Ethereum ETF approvals after Biden's veto.
Bernstein analyst Gautam Chhugani predicts Ether will surpass its all-time high, reaching $6,600, amid excitement for potential ETF approval.
Bernstein analysts predict Bitcoin's price may rise due to growing institutional interest and the popularity of Bitcoin ETFs, despite current stability.
Bernstein analysts are confident that Bitcoin will reach $150K in this bull cycle, maintaining their bold stance despite market pullbacks.
Alliance Bernstein's analysts suggest that Bitcoin's price will likely increase post-halving, driven by new demand catalysts, continuing the cryptocurrency's bullish trend.