BREAKING
211d 5h ago

Bernstein Predicts Bitcoin Bull Market to Surge Until 2026 with $200,000 Target by Early 2025

BTC

BTC/USDT

$71,354.77
+3.55%
24h Volume

$17,366,629,629.18

24h H/L

$71,554.95 / $68,531.50

Change: $3,023.45 (4.41%)

Long/Short
65.5%
Long: 65.5%Short: 34.5%
Funding Rate

-0.0023%

Shorts pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$71,351.87

2.98%

Volume (24h): -

Resistance Levels
Resistance 3$79,008.03
Resistance 2$75,548.63
Resistance 1$72,179.52
Price$71,351.87
Support 1$70,589.27
Support 2$67,300.00
Support 3$62,909.86
Pivot (PP):$70,598.27
Trend:Downtrend
RSI (14):35.3

Bernstein analysts project the crypto bull market could extend through 2026, driven by sustained institutional adoption and evolving blockchain technologies. Their forecast highlights Bitcoin as a primary growth catalyst, with a target price of $200,000 anticipated by late 2024 or early 2025. This outlook is grounded in rigorous market analysis, factoring in macroeconomic trends and regulatory developments. Investors should consider these insights within the broader context of market volatility and risk management strategies. The report underscores Bitcoin’s role as a digital asset with increasing appeal among diversified portfolios, reinforcing its status as a benchmark for the cryptocurrency sector. As the market matures, Bernstein’s data-driven approach provides valuable guidance for stakeholders navigating the evolving landscape of digital finance.

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