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<p style="text-align: justify">You can also read this news on BH NEWS: <a href="https://en.bitcoinhaber.net/bitcoin-could-hit-200000-by-2025" data-wpel-link="internal" rel="noopener noreferrer nofollow">Bitcoin Could Hit $200,000 by 2025</a><br></p>
<p style="text-align: justify">As <a href="https://en.bitcoinhaber.net/ethereum-nears-a-bottom-against-bitcoin" data-wpel-link="internal" rel="noopener noreferrer nofollow">Bitcoin</a> (<a href="https://en.bitcoinhaber.net/trump-promises-trigger-bitcoin-surge" data-wpel-link="internal" rel="noopener noreferrer nofollow">BTC</a>) gears up to reach new heights, the brokerage firm Bernstein has projected that the leading cryptocurrency could soar to $200,000 by 2025. Gautam Chhugani, who leads the research team, highlighted significant factors that could drive this target forward. “Bitcoin is on the brink of hitting $100,000. Our $200,000 goal for the end of 2025 is becoming increasingly realistic,” he remarked, recalling that this projection was made when Bitcoin was valued at $66,000. Political shifts in the U.S. are considered crucial to achieving this trajectory.</p>
<h2 style="text-align: justify" id="strong-how-could-political-developments-influence-bitcoin-strong"><strong>How Could Political Developments Influence Bitcoin?</strong></h2>
<p style="text-align: justify">With the possibility of Donald Trump returning to the presidency, Bitcoin-friendly initiatives are gaining steam in the U.S. The appointment of the next SEC Chairman, expected to be supportive of cryptocurrencies, is anticipated to play a significant role. Furthermore, Howard Lutnick, a known advocate for Bitcoin, is contending for the Treasury Secretary position, receiving endorsements from notable figures, thus improving his chances of success.</p>
<h2 style="text-align: justify" id="strong-what-factors-are-driving-bitcoin-etf-demand-strong"><strong>What Factors Are Driving Bitcoin ETF Demand?</strong></h2>
<p style="text-align: justify">Recent developments show that demand for spot Bitcoin ETFs in the U.S. has surged, reaching $92 billion in assets under management, with weekly net inflows amounting to $1.7 billion. Additionally, MicroStrategy plans a substantial purchase of $42 billion worth of Bitcoin over the next three years, as founder Michael Saylor hints at a potential acceleration in acquisitions. This growing interest reflects a decrease in selling pressure among miners.</p>
<ul>
 <li>Bernstein indicates Bitcoin’s price trajectory favors long-term holders.</li>
 <li>Institutional investors are reassessing their cryptocurrency strategies.</li>
 <li>Political and regulatory support is seen as essential for Bitcoin’s growth.</li>
</ul>
<p style="text-align: justify">Bernstein asserts that Bitcoin is crafting a narrative favoring long-term holders. Chhugani advises holding onto the largest cryptocurrency for an additional 12-18 months, as major institutional players are increasingly reevaluating their positions on cryptocurrencies.</p>
<h5><span style="font-weight:bold;font-size:16px">Continue Reading: </span> <a href="https://en.bitcoinhaber.net/bitcoin-could-hit-200000-by-2025" data-wpel-link="internal" rel="noopener noreferrer nofollow">Bitcoin Could Hit $200,000 by 2025</a></h5>

Bitcoin Could Hit $200,000 by 2025

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