Bernstein ($800B AUM) Calls $200,000 Bitcoin 2025 Target 'Conservative' Amid Institutional Adoption

Bernstein, an asset manager with $800 billion in assets under management, has reaffirmed its 'high-conviction but conservative' Bitcoin price forecast of $200,000 for 2025.

The firm now suggests that its original $200,000 projection may be too conservative, with analysts pointing to growing institutional adoption, ETF momentum, and the view that institutional adoption is just beginning.

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