The cycle it is in Bitcoin it would be one of the healthy ones, and one that suggests a run on the basis of previous halvings. He’s talking again Bernsteinwhich reappears on the market with a forecast of those bombasticperhaps taking advantage of the renewed optimism on the part of the market. An optimism that is also reinforced by the return of Bitcoin above $65,000.
Bernstein speaks with his specialists, we said, and what was the group’s old target, among the most important in bullish terms, is reiterated. Bitcoin it can reach up to $150,000. And the last correction in altitude $57,000 it was only a confirmation of the cycle in question.
A race therefore that would be incredible and that would imply important gains even for those who entered late, that is close to the maximums already registered, around $74,000. A price prediction that we will also evaluate on ours Official Telegram channela very useful channel for receiving preview news, especially those that can move the markets.
Bernstein reiterates his target: $150,000 for Bitcoin
Just a week ago everyone seemed desperate and ready to see *Bitcoin on price levels significantly lower than the $57,000 reached during the last correction. The forecasts at $52,000 were wasted, in any case for the short term and not for the cycle.
Among the few who have not lost the hope And Bernsteina traditional finance group that has long been involved in analyzing the crypto market and specifically BTC.
We even feel more convinced of this prediction [Bitcoin a 150.000, NDR] as the metrics indicate an early cycle. The reward, given the risks, of investing continues to appear attractive to us. […] [il ritorno a 57.000$] has cleared the market of excessive leverage on futures.
Gautam Chhugani, Bernstein
In our opinion, this is an acceptable reading, also given the renewed macro conditions which will be of interest not only Bitcoinbut also the classic financial markets, with an easing of tensions which were instead due to the strength of the dollar and the limited possibility of seeing rates cut in the short and medium term.
There is a lot of movement around Bitcoin
There is a lot of movement around Bitcoin, as correctly reported by Bernstein: from ETFs which nevertheless set record after record, up to the recent invitations by MicroStrategy and Jack Dorsey for listed companies to include Bitcoin in their portfolios.
They are all pushing for some sort of normalization of Bitcoin, which could help push the price higher. And you? Let us know yours on our Telegram channel, here in the comments or also on our other social channels.
