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$BTC Quick: The $725 billion firm Bernstein predicts that Bitcoin will hit $200,000 by the end of 2025, regardless of the outcome of the US election.
According to the analysis of Bernstein Investment Company, the price of Bitcoin will probably reach $200,000 by the end of 2025. This prediction is due to various reasons such as increasing demand from institutional investors and decreasing supply after the 2024 halving event.
Since the launch of Bitcoin ETFs in early 2024, these funds have reportedly raised around $60 billion by September 2024. This amount is expected to reach 190 billion dollars by the end of 2025. Bitcoin ETFs have allowed institutional investors to enter this market and can ultimately contribute to the long-term growth of Bitcoin. This analysis shows that economic and political factors in the US, including inflation and the devaluation of the dollar, will increase demand for Bitcoin, regardless of the outcome of the 2024 presidential election.