🐂 Not all bull runs are created equal. November’s AI picks include 5 stocks up +20% eachUnlock Stocks

Investing.com poll: Can Bitcoin hit $100,000 by the end of 2025?

Published 12/11/2024, 18:04
© Reuters
BTC/USD
-

Investing.com -- With Bitcoin rallying on the back of Trump’s election win, Investing.com’s latest poll looks at investor expectations for the cryptocurrency’s price trajectory over the next two years.

Bitcoin’s price has surged since the election, gaining over 29% in the last week, hitting new all-time highs and coming close to breaking the $90,000 level.

Analysts and investors see Trump’s win as a potential tailwind for the crypto market.

As the crypto market continues to react to the latest political development, Investing.com’s poll asks:

Can Bitcoin reach $100,000 by the end of 2025?

https://x.com/Investingcom/status/1856340966514274765

Crypto advocates hope for regulatory shifts that could push Bitcoin prices even higher. “We believe the regulatory headwind for crypto has turned into a tailwind,” Bernstein analysts said in a note prior to the election outcome, pointing to the GOP’s anticipated Senate win and a “crypto-friendly” policy outlook.

The recent surge has sparked debate over Bitcoin’s potential to reach the elusive $100,000 level by the end of 2025. Bernstein’s note suggests that favorable regulatory changes, particularly through a more accommodating SEC and Senate Banking Committee, could unlock this potential.

The firm states that bipartisan support for crypto regulation is likely, with progress expected on a stablecoin bill and market structure guidelines for exchanges and broker-dealers. These shifts could enhance market clarity and open the door to institutional investment.

Furthermore, the Bernstein note said Bitcoin could rally toward $90,000 by year’s end. However, they go even further, forecasting a longer-term target of $200,000 by 2025.

“The new Bitcoin bull cycle is already underway,” the analysts noted, suggesting that investors should buy the strength here in both Bitcoin and related equities.

Bernstein says investors should also consider high-beta crypto stocks, including Bitcoin miners and companies with significant crypto exposure, like MicroStrategy.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.