Bernstein Sets $150,000 Bitcoin Target As ETF Inflows Surpass $1.6B In March
Strategy, the Michael Saylor-led company that has made Bitcoin accumulation its core business, bought $76.6 million worth of crypto last week, lifting its total holdings to 762,099 BTC — roughly 3.5% of the entire Bitcoin supply. Related Reading: Iran Rejects Peace Talk Claims, Leaving BTC Stuck At $70K Wall Street brokerage Bernstein used that move as a springboard to reaffirm one of the boldest price calls on the market: Bitcoin hitting $150,000 before the year is out. Institutional Money Is Moving Bernstein senior analyst Gautam Chhugani delivered the outlook in a note to clients....
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Analysts at global asset management firm Bernstein have revised their former Bitcoin target to $200,000, foreseeing the influx of Spot Bitcoin ETFs inflows catalyzing this massive price surge. Bernstein Analysts Raise Bitcoin Target To $200,000 In a note to clients, Bernstein analysts, Gautam Chhugani and Mahika Sapra predicted that Bitcoin could reach $200,000 by the end of 2025. This new price target comes after analysts foresaw BTC hitting $150,000 earlier in May. At the time, the analysts disclosed that they anticipated about $70 billion in inflows from Spot Bitcoin ETFs between 2024....
Crypto exchange Bitrue made a bold claim Tuesday: XRP is trading at a fraction of where it belongs. With the coin sitting around $1.42, Bitrue put the fair value at $10 — more than seven times its current price and a market cap that would top $610 billion. Related Reading: Bernstein Sets $150,000 Bitcoin Target As ETF Inflows Surpass $1.6B In March Derivatives Data Tells A Different Story Than The Price Chart The numbers in the futures market are raising eyebrows. XRP’s open interest climbed to $2.60 billion, a 7% jump in a single day, according to data from CoinGlass. That kind of....
Bernstein analysts led by Gautam Chugani say Bitcoin (BTC) may have already found its floor with the 50% retrace witnessed since last October, and the firm is sticking with its ambitious price target of $150,000 by the end of 2026 for the cryptocurrency. The firm argued that the market’s changing structure—shifting from retail-driven speculation to […]
Coinbase (COIN), the largest cryptocurrency exchange in the US, has experienced a significant decline in its stock valuation, dropping nearly 40% from its peak of $444 in July to its current trading level of around $271 per share. This, amid market fluctuations and heightened volatility in the broader crypto market, impacting the exchange’s stock performance. Bernstein Forecasts New Bullish Phase For Coinbase Despite these challenges, analysts at Bernstein hold an optimistic outlook on Coinbase’s stock price, suggesting a potential new bullish phase that could propel COIN to....
Wall Street research firm Bernstein has reiterated one of the boldest long-term calls in traditional finance, confirming a $1 million Bitcoin price target for 2033 while materially revising how and when it expects the market to get there. Bernstein Keeps $1 Million Price Target For Bitcoin The latest shift surfaced after Matthew Sigel, head of digital assets research at VanEck, shared an excerpt from a new Bernstein note on X. In it, the analysts write: “In view of recent market correction, we believe, the Bitcoin cycle has broken the 4-year pattern (cycle peaking every 4 years) and is now....