Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Bernstein: Bitcoin price reaching $200,000 by the end of 2025 is a "conservative" forecast

Bernstein: Bitcoin price reaching $200,000 by the end of 2025 is a "conservative" forecast

CointimeCointime2024/10/23 12:48
By:Cointime

analysts at research and brokerage firm Bernstein claim that their prediction of Bitcoin's price reaching $200,000 by the end of 2025 is "conservative" and urge skeptics to reconsider the limited supply of cryptocurrency in an era of record-breaking US debt levels. For investors who do not want to hold Bitcoin directly, the analyst recommends investing in MicroStrategy, the world's largest holder of Bitcoin, and Robinhood, which continues to expand its cryptocurrency services, as alternative indirect investment options. The analyst also emphasized the potential of US-listed companies Riot Platforms and CleanSpark, which are integrating gigawatts of power for Bitcoin mining, as well as diversified companies like Core Scientific, which capitalize on the demand for AI hosting services because of their valuable power pipelines while still managing Bitcoin mining operations.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!