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Image Credit: Bitcoinist

Bitcoin To $200,000 By 2025 End Is ‘Conservative’ Target, Analyst Predicts

  • According to analysts at Bernstein, a conservative estimate for Bitcoin (BTC) reaching $200,000 by the end of 2025.
  • The limited supply of 21 million BTC and growing institutional interest in Bitcoin ETFs strengthen the likelihood of a potential BTC rally.
  • Bitcoin's mining difficulty and hashrate have recently surged, indicating stronger network security and growing miner confidence.
  • Despite struggling to break the $70,000 resistance level, BTC currently trades at $66,000.

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