Bitcoin is predicted to double to 200,000 USD by the end of 2025, according to a Bernstein report dated May 19. Analysts at Bernstein, led by Gautam Chhugani, believe that a 'new institutional era' will drive this increase, with strong participation from Wall Street.
Momentum from Institutions and ETFs
Currently, Bitcoin is trading at a stable price above 100,000 USD. Bernstein indicates that 10 global asset managers currently hold 60 billion USD in Bitcoin through ETF funds – a fivefold increase compared to September 2022. According to Dune Analytics, Bitcoin ETFs hold over 1.1 million BTC, worth 121 billion USD. This shows an increasing institutional demand, with Wall Street gradually replacing Satoshi Nakamoto – the anonymous founder of Bitcoin, who currently holds over 115 billion USD $BTC – to become the 'largest Bitcoin wallet.'
Supporting Factors and Optimistic Forecast
The upward trend is supported by several favorable factors: the Trump administration appointing crypto allies to policy roles, reducing regulatory pressure; the US-China trade war encouraging organizations to add Bitcoin to their portfolios, according to Jay Jacobs, Director of US Equity ETFs at BlackRock. Bernstein predicts that this accumulation will continue, with large funds leading the way.
Bernstein's forecast is not unique. Utkarsh Ahuja from Moon Pursuit Capital and a leading analyst at Standard Chartered both believe that Bitcoin could reach 120,000 USD by June 2025, before hitting 200,000 USD by the end of the year. Arthur Hayes, former co-founder of BitMEX, is even more optimistic, predicting Bitcoin will surpass 1 million USD by the end of Trump's term in 2028.
Impact and Prospects
With crypto fund cash flow reaching 3.4 billion USD last week and a forecast of accumulating 330 billion USD into Bitcoin by 2029, along with Ethereum (2,600 USD) growing, the market is entering a phase of strong development. If institutions continue to participate, Bitcoin could reach 200,000 USD by the end of the year, ushering in a new era with Wall Street's dominance in the crypto industry.
Conclusion: Is a Great Opportunity Coming?
Bernstein predicts that Bitcoin will reach 200,000 USD by the end of 2025 thanks to institutional leadership and favorable factors from policies and macroeconomics. With the current momentum and confidence from Wall Street, Bitcoin promises long-term breakthroughs, but investors need to be cautious of market volatility.
Risk warning: Investing in crypto carries high risks due to price volatility and legal uncertainties. Please consider carefully before participating. #anhbacong