Bitcoin To $100,000 ‘Seems Around The Corner,’ Bulls Are ‘On The Right Side Of History’—Bernstein
In a compelling endorsement of Bitcoin (CRYPTO: BTC), Bernstein analysts assert that being long on the leading cryptocurrency aligns investors with what they term as “the right side of history.”
What Happened: Their latest report outlines Bitcoin’s robust trajectory, citing regulatory, institutional and macroeconomic catalysts driving its unprecedented growth.
Bitcoin has recently touched new highs, with its price hovering around $90,000 and within striking distance of the $100,000 milestone.
Bernstein analysts believe these gains are only the beginning.
“Bitcoin to $100,000 seems around the corner, and our $200,000 Bitcoin target for 2025 now looks not as delusional,” the report states.
The analysts highlight several catalysts propelling this bullish outlook, including regulatory clarity, Bitcoin ETF inflows and political momentum toward a U.S. Bitcoin reserve.
A …
About The Author
