Der Bitcoin-Kurs erreicht heute das nächste Allzeithoch. Kommt jetzt die Rallye auf 100.000 US-Dollar? Experten werden bullischer für BTC:
Bernstein Urges Investors to Buy Crypto as It Predicts $200k per Bitcoin in 2025
- Asset management firm, Alliance Bernstein, tells investors to “buy everything you can” as analysts expect major altcoins to outperform Bitcoin over the next 12 months.
- This comes as Bitcoin broke the $82,000 level. The crypto has since reached a new all-time high of $89,000.
In an article published on Monday, Analysts at Bernstein Research endorsed cryptocurrency, urging investors to buy everything [they] can” amid rising prices that appear to have been spurred by Donald Trump’s election victory.
Trump, now a staunch supporter of cryptocurrency, is set to be the first President to have founded a decentralized finance platform (World Liberty Financial) and is expected to usher in an era of favourable regulatory policies that could radically change how the US government engages with the crypto industry.
At the Bitcoin 2024 conference in July, Trump spoke about buying Bitcoin as a strategic reserve for the United States if he got elected. While this may not constitute an official campaign promise, it is one of several that the crypto industry holds on to.
Bitcoin’s rise to new highs
Bitcoin broke its previous all-time high of $73,000 on November 6th, after the Presidential election. Since then, it has scaled to a new all-time high of $89,000 reached today. However, Trump’s Presidential victory isn’t the only catalyst propelling the premier crypto to new highs.
Increased institutional interest is another major catalyst for Bitcoin’s price action as institutions buy up the crypto either as an inflation hedge or for potential future profits.
MicroStrategy recently purchased 27,200 Bitcoin for $2 billion, its largest single purchase since 2020. The company’s total holding as of Nov 10 is 279,420 bitcoins costing $11 billion at an average price of $42,600 per BTC.
Today, MicroStrategy’s stash has doubled in value as Bitcoin trades at the $85,000 level as of publishing. As a result, its share price is 23% higher than yesterday’s close of $340; a trend which is becoming common among publicly listed companies with Bitcoin holdings.
Institutional interest is also evident in Bitcoin spot ETF inflows. The top 10 Bitcoin spot ETFs in the US recorded a cumulative inflow of $1.12 billion yesterday, according to data from Coinglass, a cryptocurrency derivative data analysis platform.
Research Analysts from Bernstein believe that Bitcoin will reach $200,000 this cycle and that a friendlier regulatory environment will allow major altcoins, like Ethereum and Solana, to outperform Bitcoin over the next 12 months.
Bitcoin is down 2% on the day of publishing.
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Bitget lanciert britische Plattform nach Anpassung an FCA-Regeln neu
Der Relaunch der Bitget-App im Vereinigten Königreich erfolgt einige Monate, nachdem die Börse ihre Website im Vereinigten Königreich gemäß dem Financial Promotions Regime im Mai 2024 eingeschränkt hat.
Post-halving 2024 market is pushing Bitcoin’s price, not just Trump, says Onramp Bitcoin co-founder
- The last Bitcoin halving took place in April when the block reward dropped from 6.25 Bitcoin to 3.125 Bitcoin
- Jesse Myers said Bitcoin’s price needs to go higher for a “supply-demand price” balance to happen
- When that occurs, the market will “flywheel into mania and a bubble,” which happened in the 2012, 2016, and 2020 Bitcoin halving events
Donald Trump’s re-election into the White House isn’t “the main story” for Bitcoin’s recent price rally, says Onramp Bitcoin’s co-founder.
In a post on X, Jesse Myers said the main reason is that the market is at the “6+ months post-halving” mark.
Taking place every four years, the last Bitcoin halving occurred in April when the block reward dropped from 6.25 Bitcoin to 3.125. As a result, each new block becomes harder to solve with a lower reward.
A reduction in Bitcoin supply typically means an increase in the price of Bitcoin. The next Bitcoin halving is expected to occur sometime in 2028.
According to Myers, a “supply shock has accumulated,” meaning “there’s not enough supply available at current prices to satisfy demand,” adding that a “supply-demand price equilibrium must be restored.”
However, the only way Myers believes this will happen “is for the price to go higher, which will flywheel into mania and a bubble, but that’s how this thing works.”
Post-halving bubbles
Supplying a chart, Myers indicated that the market is currently at the start of the post-halving bubble. Based on his data, Bitcoin’s price will continue its upward trajectory before peaking to new highs and dropping to current levels.
“It sounds crazy to say there will be a reliable, predictable bubble every 4 years,” said Myers. “But then, there’s never been an asset in the world where new supply creation is halved every 4 years.”
Post-halving bubbles happened in the 2012, 2016, and 2020 Bitcoin halvings, said Myers.
The recent Bitcoin price rally comes amid Trump’s re-election into the White House. Based on his campaign trail in the lead-up to election day, Trump came across as pro-crypto compared to current Vice President Kamala Harris.
Last week, Senator Cynthia Lummis also reaffirmed plans that the US is going to build a strategic Bitcoin reserve. If passed, the senator’s Bitcoin Act would propose directing the US Treasury to buy one million over the next five years.
The post Post-halving 2024 market is pushing Bitcoin’s price, not just Trump, says Onramp Bitcoin co-founder appeared first on CoinJournal.
MicroStrategy kauft Bitcoin (BTC) im Wert von 2 Mrd. US-Dollar: Bestand derzeit 23 Mrd. US-Dollar wert
Aus der jüngsten Mitteilung von MicroStrategy geht hervor, dass der Bitcoin-Bestand des Unternehmens sich auf nun 279.420 BTC beläuft.Das sind fast 23 Milliarden US-Dollar.