Bernstein: Still Believes $100,000 Is Not Bitcoin’s Final Milestone

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ODAILY
12-09
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Odaily Odaily News: Bernstein analyst Gautam Chhugani wrote in a report, "We still believe that $100,000 is not the final milestone. We expect Bitcoin to hit a cycle high of $200,000 by the end of 2025." As of last Sunday, Bitcoin had risen for six consecutive weeks, the longest period since the 2021 cryptocurrency boom. However, one day after Bitcoin reached the six-digit milestone, volatility swept the entire crypto. The violent fluctuations once pushed the price of the largest digital asset down to around $92,000, casting some shadows on the short-term outlook. (Jinshi)

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