According to a new bitcoin price prediction by analysts at AllianceBernstein, the price of Bitcoin (BTC) could reach $200,000 by the year 2025.
This forecast is based on the expected high demand for Bitcoin after the launch of Bitcoin exchange-traded funds (ETFs).
The analysts also predict that Bitcoin’s price could reach $500,000 by 2029 and even $1 million by 2033. The company’s confidence is rooted in the steady flow of liquidity into Bitcoin ETFs.
However, they warn that investors may set unrealistic price targets during this hype phase.
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