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@derryck
Analysts at Bernstein have raised their target for bitcoin by the end of 2025 from $150,000 to $200,000. The forecast is driven by expectations of "unprecedented demand from bitcoin-based spot exchange-traded funds" managed by BlackRock, Fidelity and Franklin Templeton, among others. Bernstein's baseline estimates the price of the first cryptocurrency will reach $500,000 by the end of 2029 and $1 million by 2033.
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