Bernstein reiterated to remain bullish on Bitcoin, maintaining its $200,000 target price.

robot
Abstract generation in progress

Odaily Planet Daily News Bernstein reiterated its $200,000 BTC price target and believes there is a potential buying opportunity in the current price pullback, describing the current pullback as 'another opportunity to participate in this cycle' in their research report, and reaffirmed their bullish stance on the BTC market structure. Bernstein also pointed out that BTC has not reached the cycle high point and is expected to approach the $200,000 mark in the next 12 months. Their long-term forecast for BTC is based on a simple argument: 'Driven by accelerating institutional and sovereign demand, BTC will become a thriving 'digital gold' asset class.' (TheBlock)

BTC0.98%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 1
  • Repost
  • Share
Comment
0/400
ChiefTraderOfShanghaivip
· 02-25 22:02
Which chicken is Berns?
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)