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

May 6, 2024
in Bitcoin
Reading Time: 1 min read
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Analysts Stand Firm on $150K Bitcoin Price Forecast Citing ‘a Healthy Cycle’
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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 […]
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