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Bernstein: Bitcoin will reach $200,000 by the end of 2025 or early 2026.
Odaily News Bernstein's analysts expect that the crypto assets bull run may continue until 2026, driven by institutional adoption rather than retail investors chasing higher prices. Analysts led by Gautam Chhugani wrote in a report to clients on Monday that the market is now driven not just by retail investors chasing higher prices but by institutional adoption. "Our confidence in blockchain and digital assets has never been higher," the analysts reiterated the price target of BTC reaching $200,000 by the end of 2025 or early 2026. (The Block)