Bernstein analysts’ post-halving estimates see Bitcoin hitting $150k by 2025

Telo News
Apr 19, 2024

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https://t.me/telonews/10283

Bernstein analysts believe Bitcoin’s price to continue its uptrend post-halving, targeting $150k by 2025. Bernstein Research is the research arm of Alliance Bernstein which had $725bn in AUM in 2023.

They were also bullish on the SEC approving spot Bitcoin ETFs on March 7, ranking the probability as “moderately high.” In Feb 2023, Bernstein noted that regulatory backlash could lead to more DeFi and offshore crypto.

One of its longest predictions is that the total crypto revenue will sixteenfold from $25bn in 2023 to about $400bn in 2033.

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Telo News
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Written by Telo News

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