Bernstein Analysts Share Bitcoin's 2025 Price Predictions and Investor Trends! Here are the details

According to analysts at the research and brokerage firm Bernstein, various investor groups are increasingly accepting that crypto is back.

Bernstein, Investors Say Market Expansion Amid Political Change in the US

After discussions in various financial sectors, Bernstein stated that investors feel the need to increase crypto market activities in the midst of the changing US political landscape under the Trump administration.

Analysts at Bernstein, led by Gautam Chhugani, reported that investor groups covering finance, payments, data centers, energy, growth, technology, and crypto businesses are aware of the political change, but are uncertain about the potentially transformative regulatory changes on the horizon.

In a customer note on Tuesday, Chhugani wrote, "It's still early days and we think investors are just starting with crypto."

$200,000 Bitcoin Target and Fundamental Market Factors

The discussions also revolved around Bernstein's bold Bitcoin price target of $200,000 by the end of 2025. Analysts pointed to several key catalysts.

• Regulatory clarity including the revocation of SAB 121, which will allow U.S. banks to custody digital assets, as well as President Trump's executive order on crypto.
• The institutional investment growth, which is expected to double from 60 billion dollars in 2024 to 120 billion dollars in 2025, due to Bitcoin ETF inflows and institutional BTC purchases.
• The potential for banks to offer leverage services on crypto assets and increasing institutional adoption.

Despite the bullish forecasts, Bernstein pointed out that institutional investors remain neutral on the price direction of Bitcoin and instead focus on crypto stocks due to restrictions on direct spot Bitcoin exposure.