What is the prediction for the price of Bitcoin in 2025-2033? To answer this question, analysts from Bernstein, a popular investment company, provided a report with impressive predictions for the price of Bitcoin until 2033. Bernstein started coverage of the shares of the giant MicroStrategy.
According to the forecast revealed by Bernstein analysts Gautam Chhugani and Mahika Sapra, the price of Bitcoin is expected to reach US$1 million by the year 2033. Furthermore, analysts also highlighted that the largest cryptocurrency on the market could reach an impressive US$ $200,000 by 2025.
“We derive the long-term market premium based on a probability-weighted scenario based on our Bitcoin price model for 2029/2033. Our base case believes that Bitcoin would be valued at $200,000 by 2025, $500,000 by 2029, and $1 million by 2033.”
The analysis attributed the price surge to unprecedented anticipated demand driven by spot Bitcoin-based exchange-traded funds (ETFs). Analysts predict that assets under management for these products could increase to approximately $190 billion. Currently, these assets are worth US$60 billion.
“We believe US regulated ETFs have been a game changer for crypto, bringing structural demand from traditional pools of capital,” the analysts noted. They estimate that the combined net new flows from these ETFs have already generated approximately $15 billion. By 2025, Bitcoin ETFs are expected to hold around 7% of Bitcoin in circulation, increasing to 15% by 2033.
At the time of publication, the price of Bitcoin was quoted at US$67,043.63, up 1.1% in the last 24 hours.
Expert shares prediction for Bitcoin price between 2024-2032
The community estimates that the largest cryptocurrency Bitcoin (BTC) will achieve impressive price advances in the coming years. This estimate and positive sentiment towards BTC was shared in remarks made by a renowned cryptocurrency expert.
In a recent publication on X, the trading expert, with the pseudonym Plan B, observed the latest movements and highlighted a Bitcoin price prediction. The average price of Bitcoin for the 2020-2024 halving cycle was US$34,000, below the forecast of US$55,000 for 2019, as highlighted by the analyst.
In his analysis, the expert shared a prediction for the price of Bitcoin between the years 2024-2032. With this, Plan B, based on data, revealed in its prediction an average Bitcoin price for the 2024-2028 halving cycle at US$500,000, while the following halving cycle, between 2028-2032, would reach an impressive US$ $4 million.
Disclaimer:
The views and opinions expressed by the author, or anyone mentioned in this article, are for informational purposes only and do not constitute financial, investment or other advice. Investing or trading cryptocurrencies carries a risk of financial loss.
Source: https://portalcripto.com.br/previsao-preco-do-bitcoin-em-2025-2033-btc-a-us-1-milhao/
