Bernstein: Bitcoin price reaching $200,000 by the end of 2025 is a "conservative" forecast
analysts at research and brokerage firm Bernstein claim that their prediction of Bitcoin's price reaching $200,000 by the end of 2025 is "conservative" and urge skeptics to reconsider the limited supply of cryptocurrency in an era of record-breaking US debt levels. For investors who do not want to hold Bitcoin directly, the analyst recommends investing in MicroStrategy, the world's largest holder of Bitcoin, and Robinhood, which continues to expand its cryptocurrency services, as alternative indirect investment options. The analyst also emphasized the potential of US-listed companies Riot Platforms and CleanSpark, which are integrating gigawatts of power for Bitcoin mining, as well as diversified companies like Core Scientific, which capitalize on the demand for AI hosting services because of their valuable power pipelines while still managing Bitcoin mining operations.
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