Bernstein: Bitcoin is expected to reach $150,000 by the end of 2025

Analysts at broker Bernstein believe that Bitcoin is expected to reach $150,000 by the end of 2025. Analysts agree that the recent pullback to a local low of around $57,000 has effectively "cleaned up the overleverage of Crypto Assets exchange futures contracts." They also noted that Bitcoin exchange exchange-traded funds in the U.S. returned to net inflows after eight consecutive days of outflows. Even Grayscale's converted GBTC ETF recorded a net inflow of $63 million on Friday after 78 consecutive days of outflows. "This is significant considering that GBTC has been a source of massive sustained sell-offs and that the new 9 ETFs have had to absorb those sell-offs. ” #比特币现货 ETF #KOL #比特币 #合约