Bernstein names the factors that will help BTC grow to $ 150,000

Analysts at Bernstein predict that bitcoin BTC $94,418.26 Bitcoin -2.91% Market capitalization $1.87 trillion VOL. 24 hours $1.93 billion will reach a market price of $ 150,000 by the end of 2025 due to the current growth cycle. Experts consider the recent correction, which reduced the value of the flagship crypto asset to $ 57,000, to be a positive signal that indicates the elimination of excessive leverage on crypto exchanges and healthy growth of the asset.

Bernstein emphasizes the attractive risk-reward ratio for investors, against which the last three months have shown the formation of a favorable atmosphere for corporate investment in bitcoin. An important signal was the net inflow of $ 63 million into Grayscale’s GBTC ETF fund, which was the first time it had seen liquidity outflows after 78 days.

Among other factors contributing to the possible increase in the value of bitcoin, analysts note a stable hashing rate, high transaction fees after halving, growing institutional interest in the shares of mining companies, and low prices for bitcoin mining equipment.

In the political arena, U.S. Congressmen Mike Flood and Wylie Nickel proposed that the chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, approve options on spot bitcoin ETFs, which may also play a role in changing market dynamics.

According to the CoinMarketCap analytical tracker, at the time of writing on May 7, BTC is trading at $ 63,647, a daily regression of 1%. The total number of coins circulating on the market is $ 1.25 trillion. Traders made daily trading deals worth $ 30.5 billion, an increase of almost 68%. Bitcoin’s dominance on the inca reached 53.5%. The Fear and Greed Index remains at a pessimistic 57 points.