Bitcoin Predicted To Reach $150,000 By 2025 End, Says Analyst

According to BlockBeats, an analyst from Bernstein stated on Monday, April 29, that Bitcoin's trend would be a 'short-term pause' before it recovers the bull market and moves towards a target of $150,000 by the end of 2025. The analyst mentioned that Bitcoin would need time to become an acceptable investment portfolio recommendation, and platforms would also require time to establish a compliant framework for selling ETF products. The report reiterated the Bitcoin cycle target of $150,000 by the end of 2025. The reason for this prediction is the net inflow of spot Bitcoin ETF so far being $12 billion, and the healthy state of top Bitcoin miners' income after halving, under the condition of market integration and trading fees normalizing around 10%. The analyst believes that these factors will contribute to Bitcoin's rise and eventual achievement of the projected target.