Bitcoin Price Projections for 2025 and Beyond: Analysts Predict BTC to Reach $200,000 by 2025 and $1 Million by 2033
Analysts at Bernstein have recently reaffirmed their projection of Bitcoin’s price reaching US$200 by 2025. This update comes as Bitcoin continues to gain momentum and interest from institutional investors.
According to Gautam Chhugani and Mahika Sapra, analysts at Bernstein, the price target for Bitcoin has been increased from US$150,000 to US$200,000 by the end of 2025. This forecast is based on the expected demand for exchange-traded funds (ETFs) based on spot Bitcoin and the marginal production cost of miners.
The analysts also highlighted the potential for Bitcoin to reach US$1 million by the year 2033. This impressive prediction underscores the growing confidence in Bitcoin’s long-term potential as a valuable asset.
At the time of publication, Bitcoin was trading at US$64,909.99 with a slight increase in the last 24 hours. The cryptocurrency market continues to be volatile, and investors are advised to exercise caution and do their own research before making any investment decisions.
It is important to note that the views and opinions expressed in this article are for informational purposes only and do not constitute financial advice. Investing in cryptocurrencies carries a risk of financial loss, and individuals should carefully consider their own risk tolerance before entering the market.
