Bernstein Predicts Bitcoin at $300K in Next Market Cycle
5 Articles
5 Articles
The global brokerage and research firm Bernstein projected that Bitcoin’s price will reach a peak of $300,000 by 2029. Analyst Gautam Chhugani explained that the pioneer crypto is positioned as the main macroeconomic beneficiary of the debasement trade, driven by the continued devaluation of fiat currencies against the high fiscal deficit of major economies. This forecast responds to the completion of the four-decade cycle of low rates, which le…
🚨 Bernstein stated that Bitcoin could reach $300,000 in 2029. 📉 Charles Edwards argued that a hidden 30% discount exists in the $BTC price due to quantum risk. 🛠️ Bitcoin Core developers are discussing post-quantum security options with BIP 360 and BIP 361. 📊...
Bernstein predicts Bitcoin to hit $300,000 by 2029, warns of
🚨 Bernstein forecasts $300,000 in $BTC by 2029, citing institutional demand and the debt crisis. 🛡️ Quantum computing fears are causing a possible 30% discount in current Bitcoin prices. 📉 On-chain analysis places strong resistance at $70,920 ahead of further major gai...
Wall Street analyst sets date when Bitcoin will hit $300,000
Bernstein Research has identified 2029 as the year Bitcoin (BTC) could reach $300,000 under its base-case forecast. The outlook follows Bitcoin’s August rally, which saw the cryptocurrency briefly surpass $80,000 and implies a potential 282% gain from its press-time price of $78,471. Bitcoin seven-day price chart. Source: Finbold The projection was outlined in an August 26 client note led by Bernstein senior digital assets analyst Gautam Chhugan…
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