TechFlow news, Bernstein research and brokerage analysts Chhugani and Sapra once again believe BTC will surpass $150,000, stating that as bitcoin's price approaches $150,000, bitcoin miners remain the best equity proxy for bitcoin. They expect institutional interest in bitcoin-related equities to awaken, with miners becoming the biggest beneficiaries.
The analysts predict that the recent underperformance of public bitcoin mining companies represents a final window of opportunity before the halving, after which mining stocks will catch up with bitcoin's price trajectory.
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