Bernstein: Bitcoin will rise to $200,000 by the end of 2025
According to The Block, investment research firm Bernstein reiterated in a research report that Bitcoin will rise to $200,000 by the end of 2025. Bernstein stated that this is due to the expected unprecedented demand for spot Bitcoin ETFs and Bitcoin miner marginal production cost models. Ultimately, the analyst's goal is for Bitcoin to reach $500,000 by the end of 2029 and $1 million by 2033.
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