• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Bernstein Analyst Predicts Bitcoin Reaching $200K

user avatar

by Giorgi Kostiuk

8 months ago


Gautam Chhugani, an analyst at Bernstein, has made significant predictions regarding Bitcoin, highlighting factors that could propel its price to $200,000 by 2025.

Pro-Crypto Political Nominations Boost Market Sentiment

Following Donald Trump's victory, the transition team made crucial nominations for top administration roles. Among them are two Bitcoin advocates: Robert F. Kennedy Jr. and Pete Hegseth. Such nominations could influence the administration's policy direction concerning cryptocurrency. It is believed that appointing pro-crypto candidates for the SEC and Treasury positions will notably impact crypto asset prices. The Bernstein analyst anticipates that the market will stay positive if these roles are filled with crypto advocates.

Analyst Confidence in Bitcoin’s Price

Earlier in April, Bernstein analysts predicted BTC would rise to $150,000. At that time, its price ranged between $60,000 and $66,000. Chhugani observed that the market has now gained substantial value, making the $100,000 level no longer seem unattainable. He believes that the crypto market is moving towards a phase that may lead to significant price increases.

Chhugani remains confident in the firm’s prediction of achieving $200,000 by the end of 2025.Gautam Chhugani

Institutional Demand and Strategic Bitcoin Reserves

Another critical factor that could drive the price to the predicted level is Trump's pursuit of a strategic Bitcoin reserve pledge. Senator Cynthia Lummis has introduced a bill that, if passed, would require the U.S. to purchase about 5% of the Bitcoin supply over the next five years. This increased demand is expected to drive up BTC's price. Additionally, the institutional demand and companies like MicroStrategy's interest in acquiring Bitcoin also play a significant role in this.

Bernstein's predictions are based on political appointments, institutional demand, and potential strategic reserves, possibly driving Bitcoin's price to $200,000 by 2025.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

Other news

New Opportunities in the Meme Cryptocurrency Market: Troller Cat Gaining Popularity

chest

Exploring the rise of Troller Cat amid shifts in meme cryptocurrencies and the current status of Shiba Inu and Pepe.

user avatarGiorgi Kostiuk

Bit Digital Makes $67.3 Million Ethereum Purchase, Strengthening Its Holdings

chest

Bit Digital invests $67.3 million in Ethereum, raising total holdings to nearly 120,306 coins.

user avatarGiorgi Kostiuk

Block Inc. Joins S&P 500, Replacing Hess Corp.

chest

Block Inc. will replace Hess Corp. in the S&P 500, potentially impacting Bitcoin's acceptance by institutional investors.

user avatarGiorgi Kostiuk

XRP Sets New Record Following Legislative Changes

chest

XRP hit $3.66, surpassing previous records due to increased investor interest and the expected signing of the GENIUS Act.

user avatarGiorgi Kostiuk

MEI Pharma and Litecoin: New $100 Million Treasury Strategy

chest

MEI Pharma has announced a $100 million treasury strategy with Litecoin, led by Litecoin creator Charlie Lee. Market reaction was volatile.

user avatarGiorgi Kostiuk

Merkel Urges for a Cohesive EU Response to US Tariffs

chest

Merkel calls for EU unity in response to US tariffs that may disrupt trade chains.

user avatarGiorgi Kostiuk
dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.