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Bernstein raises Bitcoin price forecast to $200,000 to $1 million, sparking heated market discussion
Bernstein analysts Gautam Chhugani and Mahika Sapra made a major adjustment to Bitcoin's price target in their latest market report, a move that also attracted widespread attention from MicroStrategy.
Not only did the two analysts revise their previous predictions, they also elaborated on several factors that could cause the price of Bitcoin to surge.
Bitcoin price forecast to rise sharply
In the report, Chhugani and Sapra predict that Bitcoin will reach a cyclical high of $200,000 in 2025 and a staggering $1 million in 2033.
Not only did the two analysts revise their previous predictions, they also elaborated on several factors that could cause the price of Bitcoin to surge.
Bitcoin price forecast to rise sharply
In the report, Chhugani and Sapra predict that Bitcoin will reach a cyclical high of $200,000 in 2025 and a staggering $1 million in 2033.
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