May 22, 2024

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Analysts Stand Firm on $150K Bitcoin Price Forecast Citing ‘a Healthy Cycle’

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Analysts Stand Firm on 0K Bitcoin Price Forecast Citing ‘a Healthy Cycle’
Analysts Stand Firm on 0K Bitcoin Price Forecast Citing ‘a Healthy Cycle’Global asset management firm Alliance Bernstein’s analysts have reaffirmed their bullish outlook on bitcoin, predicting a rise to $150,000 by 2025. They view the recent price correction as a healthy cleanup of market excesses. Additionally, they highlighted the market’s strength, citing significant inflows into spot bitcoin exchange-traded funds (ETFs) and encouraging signs for increased corporate […]