What is the projection for the price of Bitcoin in the years 2025-2033? Analysts from Bernstein, a well-known investment firm, have released a report with bold predictions for Bitcoin’s price until 2033. Bernstein has initiated coverage of MicroStrategy shares, a major player in the market.
As per the forecast by Bernstein analysts Gautam Chhugani and Mahika Sapra, Bitcoin’s price is anticipated to hit $1 million by 2033. Additionally, they have suggested that the leading cryptocurrency could reach an impressive $200,000 by 2025.
“We have calculated the long-term market premium based on a probability-weighted scenario using our Bitcoin price model for 2029/2033. Our base case scenario suggests that Bitcoin would be valued at $200,000 by 2025, $500,000 by 2029, and $1 million by 2033.”
The surge in price is attributed to the expected significant demand driven by spot Bitcoin-based exchange-traded funds (ETFs). Analysts predict that the assets under management for these products could rise to around $190 billion, up from the current $60 billion.
“We believe that US regulated ETFs have been a game-changer for crypto, attracting structural demand from traditional sources of capital,” the analysts highlighted. They estimate that the net new flows from these ETFs have already generated approximately $15 billion. By 2025, Bitcoin ETFs are projected to hold about 7% of the circulating Bitcoin, increasing to 15% by 2033.
At the time of writing, the price of Bitcoin stood at $67,043.63, with a 1.1% increase in the last 24 hours.
Expert Predicts Bitcoin Price Movement from 2024-2032
The cryptocurrency community anticipates significant price growth for Bitcoin (BTC) in the upcoming years. This positive sentiment towards BTC was shared by a renowned cryptocurrency expert in recent remarks.
In a recent post on X, the negotiation specialist known as Plan B observed the latest trends and shared a forecast for Bitcoin’s price. The average price of Bitcoin during the 2020-2024 halving cycle was $34,000, lower than the $55,000 forecasted for 2019, as noted by the analyst.
In the expert’s analysis, a prediction for Bitcoin’s price between 2024-2032 was shared. Based on data, Plan B revealed an average Bitcoin price of $500,000 for the 2024-2028 halving cycle, and an impressive $4 million for the subsequent cycle between 2028-2032.
Disclaimer: The views expressed in this article are for informational purposes only and do not constitute financial advice. Investing in cryptocurrencies carries a risk of financial loss.
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