TechFlow news, on November 18, according to The Block, investment research firm Bernstein's latest report indicates that Bitcoin's price could reach $200,000 by 2025. The report suggests that a series of policies following Trump's election victory could serve as significant catalysts for Bitcoin's rise, including appointing pro-cryptocurrency individuals as SEC Chair and Treasury Secretary, establishing a national Bitcoin reserve program, supporting the Bitcoin mining industry, and improving the cryptocurrency regulatory environment.
Data shows that Bitcoin ETF assets under management have reached $92 billion, with approximately $1.7 billion in net inflows weekly. Additionally, MicroStrategy plans to raise $42 billion over the next three years to purchase Bitcoin, and institutional investors are reassessing their stance on cryptocurrencies. Bernstein analyst Gautam Chhugani stated that the impact of this new era of crypto regulation has not yet been fully absorbed by the market, recommending investors hold Bitcoin-related assets for at least 12–18 months.
