A report published by Bernstein called investors to be ready to earn more in Bitcoin and related stocks. According to analysts, large investors fueled a rise that can turn into a large rally in the future. So, is this the beginning of a real bull run?
Bitcoin Rally ETFs, Trump and corporate interest are strengthened!
Analysts Gautam Chhugani, Mahika Sapra and Sanskar Chindalia announced that rally began with the approval of US Bitcoin ETFs and accelerated by the choice of crypto -friendly Donald Trump. Now corporate investors continue this momentum. The report said, “Banks, corporate investors, companies, and ultimately adoption by states, position Bitcoin as an open opponent against gold”.
Kriptokoin.comAs you have followed, Bitcoin ETFs have been rising rapidly since they started to be traded a year ago. Following the election of Donald Trump in November, the BTC finally exceeded the long -awaited $ 100,000 limit. Although the prices have fallen slightly, Bitcoin increased by 86 %last year and continues to be traded for $ 95,313.
Abu Dhabi and Wall Street giants: 200 thousand dollars strengthened the estimation
Is it one of the most bull signals? Abu Dhabi’s State Asset Fund began to buy Bitcoin through ETFs. Meanwhile, high -level institutions such as Jane Street Group, Citadel Advisors and Morgan Stanley poured hundreds of millions of dollars to these funds. When Wall Street codes begin to play big bets, this is often a sign that the real movement has just begun.
Bernstein predicted that Bitcoin could reach $ 200,000 by the end of 2025. If these institutions continue to invest, this estimate may not be far away.
Bitcoin fear and greed in the neutral region
Finally, the fear and greed index for BTC has reached a neutral point and was effectively reset. The change in the behavior of the index can improve the short -term appearance for digital and can lead to a way to $ 100,000. The weather in the market is getting better, but if it falls further, it may not benefit the rise momentum.
Stabilization close to the neutral shows that investors are hesitant and cautious about what will happen in Bitcoin. Given that Bitcoin is still traded in a horizontal consolidation range between $ 92,500 and 107,000 dollars, the lack of a strong feeling in both directions is consistent with its latest price movement. Bitcoin has been stuck in a horizontal range without showing a noticeable tendency.
