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Bitcoin

Bitcoin Price Prediction: $500,000 by 2029 on Booming ETF Demand

Bernstein had previously expected bitcoin to make a cycle-high of $150,000 in 2025, but they upped their estimate to $200,000 due to strong ETF flows.

By: Business Insider
  • Jun 24 2024
  • 2
  • 306 Views
Bitcoin Price Prediction: $500,000 by 2029 on Booming ETF Demand
Bitcoin Price Prediction: $500
Bitcoin is predicted to hit $500,000 by 2029, according to Bernstein. The bullish outlook is driven by a sustained boom in demand for bitcoin ETFs, combined with constrained supply. Bernstein initiated MicroStrategy stock at "Outperform" with a $2,89... [2586 chars]

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