Bullish Outlook: Target Price Of $90,000 For Bitcoin By Year’s End, According To Bernstein
Summary
Bitcoin struggles to surpass $70,000 resistance. Bernstein predicts Bitcoin ETF market growth to $450 billion, with $90,000 target price by year-end and $150,000 in 2025. The Birb Nest's analysis shows bullish indicators for long-term Bitcoin price, with caution due to potential overextensions. BTC currently trades at $67,900, down 3% from Monday. Bulls must hold support levels at $67,000, $66,500, and $63,800 to avoid potential loss of the $60,000 milestone.
