Bitcoin’s price prediction has been revised by Bernstein analysts, who now forecast a target of $200,000 by the end of 2025. This is an increase from their previous prediction of $150,000 for that year. The analysts are optimistic about Bitcoin’s future trajectory, citing the growth of approved and regulated spot Bitcoin ETFs as a key factor driving this bullish outlook.
According to Bernstein, major asset managers such as BlackRock, Franklin Templeton, and Fidelity are expected to continue seeing significant inflows over the next few years. The firm estimates that regulated investment vehicles could hold around $190 billion in assets by 2025, up from the current $60 billion. This influx of traditional institutional capital into the crypto markets is viewed as a pivotal event that will further boost Bitcoin’s price.
Furthermore, Bernstein predicts that spot Bitcoin ETFs could represent around 7% of the total circulating BTC supply by the end of 2025. The firm’s report suggests that bitcoin has entered a new bull market cycle following the recent halving event, with new catalysts expected to drive demand for the asset.
In addition to the price target of $200,000 by 2025, Bernstein also speculates that Bitcoin could reach $1 million by 2033. The analysts foresee ETFs designed to track the cryptocurrency accounting for almost 15% of the total supply by that year.
MicroStrategy, a prominent institutional holder of Bitcoin, has been highlighted by Bernstein for its aggressive accumulation strategy over the past four years. The business intelligence firm, led by Michael Saylor, currently holds 1.1% of bitcoin’s total global supply. MicroStrategy recently announced plans to offer $500 million in convertible senior notes due 2032, with the proceeds intended to bolster its Bitcoin holdings and for other corporate purposes.
Looking ahead, Bernstein predicts that MicroStrategy’s Bitcoin holdings could grow to represent 1.5% of the total circulating supply by the end of 2025. This strategic move aligns with the broader trend of institutional funds flowing into Bitcoin, marking a significant shift in the asset’s ownership landscape.
With these developments in mind, the future of Bitcoin appears promising as institutional interest continues to grow and price predictions soar. As the crypto market evolves, investors and analysts alike will closely monitor the trajectory of Bitcoin and the impact of regulatory developments on its price movements.