Bernstein reaffirmed its $200,000 Bitcoin value forecast, labeling it “high-conviction however conservative,” based mostly on accelerating institutional funding and structural market evolution. The agency cites the success of spot bitcoin ETFs, which now handle roughly $120 billion in property, as validation of BTC’s position as a mainstream macro asset. This institutionalization is seen as a foundational […]
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Bitcoin’s $200K Worth Forecast ‘Conservative,’ Says Bernstein
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