バーンスタイン氏、ビットコインは2025年末までに20万ドルに達する可能性があると語る

バーンスタインのアナリストらは、ビットコインは2025年末までに20万ドルに達すると信じていると書いている。そしてそれは「保守的」だという。

Investment firm Bernstein has released a comprehensive report outlining their reasons for believing Bitcoin could reach a new all-time high of $200,000 by the end of 2025.

The projection is based on Bitcoin’s current price of approximately $68,000, suggesting a nearly 200% increase.

Bernstein analysts wrote that they believe Bitcoin will hit $200,000 by the end of 2025. And that’s being “conservative,” they said.

“With accelerating institutional adoption, we expect Bitcoin to triple from here to attain a cycle-high price of $200,000 by 2025 end,” the report read.

The report sparked a frenzy among billionaire investors, who are rapidly increasing their Bitcoin holdings.

Hedge fund managers and tech entrepreneurs lead this charge, believing Bitcoin is set for a substantial rally following the 2024 presidential election.

This growing interest among the ultra-wealthy raises the question: could Bernstein’s optimistic forecast be accurate?

Michael Saylor, executive chairman of MicroStrategy, stands out as a prominent billionaire advocate for Bitcoin.

At a Bitcoin conference in Nashville, Tennessee, this past summer, Saylor predicted Bitcoin could reach $13 million by 2045.

His commitment to Bitcoin remains unwavering, with MicroStrategy now holding more than 1% of all Bitcoin in circulation.

This aggressive investment strategy underscores his confidence in Bitcoin’s long-term potential.

Other tech magnates like Mark Cuban and Block’s CEO Jack Dorsey are increasingly investing in Bitcoin.

Additionally, prominent Silicon Valley venture capitalists are venturing into this field, with some actively engaging in the 2024 presidential election campaigns.

Jack Dorsey has boldly predicted Bitcoin’s price could soar to $1 million by 2030, indicating a strong belief in the cryptocurrency’s potential.

Matthew Sigel from VanEck summarized Bernstein’s 160-page “Black Book,” which argues for ongoing consolidation among Bitcoin miners.

The report also notes that ten global asset managers now control approximately $60 billion in assets through regulated exchange-traded funds, a significant increase from $12 billion in September 2022.

Furthermore, the trend includes institutional investors. Billionaire hedge fund managers are now focusing on new Bitcoin exchange-traded funds (ETFs).

Data from the Securities and Exchange Commission reveals that major funds, including Millennium Management led by Israel Englander, have made substantial investments in Bitcoin ETFs.

Millennium Management initiated the year with a $2 billion investment.

Over 600 investment firms maintain notable stakes in Bitcoin ETFs, underscoring broad institutional trust in the cryptocurrency.

Bernstein also highlights that this surge in billionaire investment stems from the anticipation of considerable short-term price gains.

Commonly known in cryptocurrency circles as “Number Go Up,” this strategy involves purchasing Bitcoin in the hope of its value rising, independent of fundamental economic indicators.

However, Bernstein notes that the reasons for billionaire investments in Bitcoin are not just speculative but are also driven by deeper strategic considerations.