#BTC120kVs125kToday Analysts at "Bernstein" predict that Bitcoin will reach $200,000 by early 2026.
$BTC 💥✨💥✨💥
#USCryptoWeek Analysts from the research and brokerage firm "Bernstein" noted this Monday that they foresee a "long and exhausting bullish cryptocurrency market ahead". In this context, they reiterated their prediction that Bitcoin will reach $200,000 by the end of 2025 or early 2026.
It is worth mentioning that this Monday Bitcoin achieved a new all-time high, temporarily surpassing $123,000 per unit.
"Now that institutional adoption, rather than just retail traders seeking higher prices, is driving the crypto market, our conviction in Blockchain and digital assets has never been stronger," expressed analysts from Bernstein, led by Gautam Chhugani.
According to their analysis, the current crypto cycle differs from previous ones due to the leading role of institutional investors, more defined regulation, and increasing support from official bodies, marking a shift from previous booms driven by retail trading.
Furthermore, Bernstein predicts that Blockchain is shaping a new internet-native financial system. Stablecoins, for instance, are already approaching a market of $250 billion and are being rapidly adopted in cross-border payments.
Additionally, the number of users with crypto wallets - currently around 50 million - is expected to grow to "several hundred million" as banks and companies integrate into the ecosystem. The tokenization of real assets, in turn, is emerging as the "next big trend".