Bitcoin projected to reach $200,000 by early next year

Son Min

Summary

Bernstein stated that Bitcoin could reach $200,000 by early 2026.
The report highlighted that institutional adoption is leading the Bitcoin market and that portfolio inclusion is becoming a trend.
It also added that enhanced regulatory clarity on crypto assets in the United States will further accelerate institutional adoption.

An analysis has emerged that Bitcoin (BTC) could reach $200,000 by early 2026.

According to The Block on the 14th (local time), Bernstein stated in a report, "A prolonged and exhausting crypto bull market will unfold," and added, "Bitcoin could reach $200,000 by early 2026." The report also stated, "The market is now being led by institutional adoption, not individuals," and "Confidence in blockchain and crypto assets is at an all-time high."

Furthermore, the report forecasted that Bitcoin will emerge as a global hedge against inflation. It said, "As institutional adoption increases, including Bitcoin in portfolios will become a trend," and "This further supports our $200,000 projection." Additionally, it added, "Increased regulatory clarity on crypto assets in the United States will further accelerate institutional adoption."

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