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

Published 11/13/2024, 02:04 AM
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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.

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