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In a new forecast, analysts at AllianceBernstein have said that the price of Bitcoin (BTC) could reach $200,000 by 2025. This prediction is based on the unprecedented demand for Bitcoin following the launch of Bitcoin Exchange Traded Funds (ETFs). They have also predicted that the price of Bitcoin could reach $500,000 by 2029 and even $1 million in 2033. The company bases its trust on the continuous flow of cash to its Bitcoin ETFs. However, they caution that investors may set unrealistic price targets during the excitement phase of the situation.
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