Bernstein analysts reiterating their value projection of USD150,000 for Bitcoin:
- bitcoin will ‘break out’ after the following halving occasion
- cite booming exchange-traded fund (ETF) inflows: “We estimated $10Bn inflows for 2024 and another $60Bn for 2025. In the last 40 trading days since ETF launch on Jan 10, Bitcoin ETF inflows have crossed $9.5Bn already.”
This text was written by Eamonn Sheridan at www.forexlive.com.
