Bitcoin Spot ETFs Effect: Bernstein Analysts Revise BTC Target To $200,000, H...
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....
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In a recent development, analysts at asset management firm Bernstein have predicted when the US Securities and Exchange Commission (SEC) will likely approve the first Spot Bitcoin ETF. When Will The First Spot Bitcoin ETF Be Approved? According to the analysts, the pending Spot Bitcoin ETF applications could be approved early next year. They made this projection in line with the recent court ruling in the Grayscale case, which they believe could force the SEC’s hands. Related Reading: $200 Million In Crypto Lost As Mixin Network Comes Under Attack The court had ruled in favor of Grayscale....
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....
Bernstein analysts have reiterated that Bitcoin could still rally to $150,000 this year. These experts noted that BTC was experiencing what they described as the “worst bear case” in its history, suggesting that this bear market may not be as deep as previous cycles. Bernstein Predicts Bitcoin Rally To $150,000 By Year-End Bernstein analysts, led […]
Despite a sharp decline in Bitcoin (BTC) prices since last October, analysts at Bernstein argue that the current downturn does not resemble a traditional crypto bear market. In a note to clients released on Monday, the firm described the pullback as “the weakest Bitcoin bear case in its history,” even as the asset has fallen about 44% from its all‑time highs in current trading. Bernstein Defends Bitcoin’s Fundamentals The analysis was led by Bernstein’s Gautam Chhugani, who said the recent sell‑off reflects a loss of confidence rather than deeper structural problems. The analysts....
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....