Bernstein: $100,000 is not the peak of the BTC cycle, expected to reach $200,000 by the end of the year

Odaily Planet Daily News According to Bernstein analyst Gautam Chhugani, the current cycle is still in its early stages. With the support of the US government, which is most supportive of Cryptocurrency, Cryptocurrency can transition from a speculative asset class to a practical digital Capital Market. He explained: "We still believe that the $100,000 BTC price level is not the peak of the cycle. The BTC market still has a lot of potential. It is expected that BTC will reach a peak of $200,000 by the end of 2025. If the market still feels uneasy about the macroeconomy and Trump's disruptive risks in 2025, we may see a delay in the realization of the BTC cycle high, and we may see the BTC Bull Market cycle extended to 2026." (The Block)