Bernstein: Bitcoin Will Reach $200,000 by Late 2025 or Early 2026
Odaily Planet Daily reported that analysts at Bernstein expect the cryptocurrency bull market could extend into 2026, driven by institutional adoption rather than retail investors chasing higher prices. In a report to clients on Monday, analysts led by Gautam Chhugani wrote that the current market momentum is not just about retail investors pursuing higher prices, but rather about institutional adoption. "Our confidence in blockchain and digital assets has never been higher," the analysts stated, reiterating their BTC price target of $200,000 by the end of 2025 or early 2026. (The Block)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Market downturn causes a major Aave whale to be liquidated for $3.88 million
Strategy holds a floating profit of $6.15 billions in BTC, while BitMine and Forward Industries are both at a loss.
A major whale was liquidated when BTC fell below $85,000, incurring a loss of $7.5 million.
