• 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

DexLab Introduces CaLab: New Opportunities in the APAC Market

chest

CaLab launch by DexLab targets the APAC market with a focus on local specifics and regulations.

user avatarGiorgi Kostiuk

Pump.fun Integrates Kolscan to Enhance Social Trading

chest

Pump.fun has announced the integration of Kolscan, aiming to enhance social trading with new tools and features for users.

user avatarGiorgi Kostiuk

DPS Successfully Raises $30.5 Million Despite Web3 Decline

chest

DPS and its blockchain integration strategy show potential for attracting investments amid market downturns.

user avatarGiorgi Kostiuk

Flourishing AI: How Pat Gelsinger is Reworking AI Ethics

chest

Pat Gelsinger has launched the Flourishing AI initiative to evaluate AI in light of human values and ethics, creating new technological standards.

user avatarGiorgi Kostiuk

XRP Surges 16%: Ripple Partners with BNY Mellon and Whale Activity Intensifies

chest

XRP surged 16% following the announcement of a partnership with BNY Mellon and significant whale activity.

user avatarGiorgi Kostiuk

Altcoin Index Hits 30 Following Bitcoin's Historic High

chest

The Altcoin Index has risen to 30 as Bitcoin reaches a new all-time high of $117,000, limiting altcoin season prospects.

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.