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- Gate July 2025 Transparency Report:
Accelerating Leadership in the Global Crypto Landscape!
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Bernstein Analysts Revealed the Source of the Rise in Bitcoin and Their End-of-Year 2025 Predictions!
Bitcoin's surpassing $100,000 is being enthusiastically welcomed in the cryptocurrency sector, and predictions about the future price of BTC are starting to emerge.
At this point, Bernstein analysts predicted that Bitcoin would replace gold as a store of value.
Speaking to CNBC, Bernstein analyst Gautam Chhugani predicted that Bitcoin could replace gold in the next decade and become an essential fundamental asset for institutional portfolios and corporate treasury management.
Gautam Chhugani emphasized that the significant increase in the price of Bitcoin was largely driven by market expectations after the US elections. He noted that this expectation was towards the direction that the Trump administration could implement more crypto-friendly policies.
After Bitcoin surpasses $100,000 in 2024 and shows a 141% increase, Chhugani also added that they expect it to reach $200,000 by the end of 2025.
Standard Chartered analysts, in addition to Bernstein analysts, also predict that the price of Bitcoin will double by the end of 2025, reaching $200,000.