According to BlockBeats, Bernstein analysts expressed increased confidence in their prediction that Bitcoin (BTC) will reach $150,000 by the mid-2025, as the largest market cap digital asset hits new historical highs this year. The analysts also forecast that Bitcoin will 'break out' after the next halving event, maintaining their bullish predictions for some mining stocks despite the decline in miner share prices.
Bernstein reiterated its $150,000 price target for the world's largest cryptocurrency, citing the thriving inflows of funds into exchange-traded funds (ETFs) and recommending that investors purchase Bitcoin mining stocks to gain exposure to the upcoming uptrend.
