#bitcoin.” Bitcoin's Momentum: Bullish Sentiment and Institutional Momentum
Bernstein's Long-Term Optimism
Analysts at Bernstein, led by Gautam Chhugani, suggest that Bitcoin's current bull market may defy its usual four-year cycle by continuing well into 2027. They're predicting prices could reach $200,000 within the next 6–12 months—driven by regulatory tailwinds like the U.S. Genius Act and institutional interest—yet some caution this outlook may be overly optimistic, anticipating a more conservative peak around $140,000–$150,000 by late 2025. As of August 21, 2025, Bitcoin was trading around $112,355.
A Market on Fire — Institutional Flows & Liquidity
Over recent days, Bitcoin's rally has been fueled by surging liquidity and the institutionalization of the market via spot Bitcoin ETFs. Since their SEC approval in January 2024, these ETFs have accumulated more than $100 billion—even moving traditional investors like endowments into Bitcoin. Combined with supply contraction following the April 2024 halving, this has set the stage for rapid price gains.
Asia’s Wealthy Investors Ramp Up Crypto Exposure
In Asia, family offices and high-net-worth individuals are increasing their cryptocurrency holdings. Regulatory clarity and strong returns—Bitcoin recently topped $124,000—are among the drivers. Wealth managers in Singapore and Hong Kong report a growing appetite for advanced strategies like arbitrage and market-neutral trading.
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Bold Bets and Price Targets
Eric Trump’s Optimistic Forecasts
Eric Trump has thrown his hat into the ring with bold Bitcoin projections: targeting $175,000 by year's end and reaching $1 million long-term. He’s also stepping deeper into crypto by joining the strategic advisory board of Metaplanet and planning visits to Asia—including the Bitcoin Asia conference and a shareholder event in Tokyo in early September.
VanEck‘s Bullish Outlook
Asset manager VanEck has forecasted that Bitcoin could hit $180,000 before the end of 2025—further signaling strong institutional conviction in the near-term outlook.
