Bernstein predicts that Bitcoin could reach $200,000 by the end of 2025

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Bitget2024/11/11 14:39

According to The Block, Bernstein analysts released a bullish report after the U.S. election, encouraging investors to increase their exposure to the crypto industry as soon as possible. Bitcoin broke through $80,000 for the first time in history after Trump's victory. Gautam Chhugani, director of Bernstein Research, expects that the Trump administration will adopt pro-crypto policies or appoint a new SEC chairman, which may bring a more friendly regulatory environment for the industry.

The report suggests investors pay attention to spot bitcoin and Ethereum ETFs, publicly listed bitcoin mining companies, companies holding bitcoin and cryptocurrency trading platforms (such as Robinhood and Coinbase). In addition, Bernstein predicts that Bitcoin could reach $200k by end of 2025 and advises investors to buy major digital assets such as BTC, ETH and SOL.

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.

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