Famous analysts are confused: What are the current price predictions?

Analysts at Bernstein pointed out that the price of Bitcoin could rise to $15K in this cycle.

Although Bitcoin price has pulled back modestly in recent weeks, analysts at Bernstein believe that the leading cryptocurrency is "far from done." They reiterated their prediction that BTC will reach $150,000 in this cycle, which will happen by the end of 2025.

Extensive Bitcoin assessment from analysts!

Analysts shared the view that the recent correction to around $57,000 effectively "cleared excess leverage from futures contracts on crypto exchanges."

In addition, they noted that Bitcoin exchange mutual funds in the United States (ETF) have reversed course, returning to combined net inflows after eight consecutive days of outflows. Even Grayscale's GBTC ETF recorded a net inflow of $63 million on Friday after a 78-day outflow streak. "This is a significant development considering that GBTC has been an important and continuous source of selling, and the new 9 ETF has had to absorb it," they explained.

Bernstein analysts also cited strong general inflows into ETF over the past three months, new incentives for corporate treasuries to buy BTC, the post-halving fixed hash rate, healthy transaction fees, and subdued prices for BTC mining equipment as healthy signs for the overall market.

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