Bernstein analysts “are now more convinced about our $150K price (forecast) for Bitcoin”

Bernstein analysts reiterating their price projection of USD150,000 for Bitcoin:

  • bitcoin will ‘break out’ after the next halving event
  • cite booming exchange-traded fund (ETF) inflows: “We estimated $10Bn inflows for 2024 and another $60Bn for 2025. In the last 40 trading days since ETF launch on Jan 10, Bitcoin ETF inflows have crossed $9.5Bn already.”

This article was written by Eamonn Sheridan at Source