Bitcoin fell to the lowest level of 2025 this week. However, according to Bernstein, the investment research company, this decrease will not prevent Bitcoin from reaching $ 200,000.
Bitcoin price declined with Trump’s harsh policies
This estimate of Bernstein came after Donald Trump’s threat of customs tariffs against Canada and Mexico. With the effect of these explanations, the crypto currency market depreciated by 9 %at the beginning of the week and the total market value melted 300 billion dollars. As Kriptokoin.com, we have included the details of political development in this article.
Nevertheless, Bernstein thinks that Bitcoin will recover in the next 12 months and reach $ 200,000. Analysts Gautam Chhugani, Mahika Sapra and Sanskar Chindalia, said, “We see the current correction as a new opportunity to participate in this cycle,” he said.
When will the price of BTC reach $ 200,000?
The company predicted that Bitcoin would reach $ 200,000 at the end of 2025. However, analysts said that if this breakage may be delayed in the event of a tendency to avoid risk in the market, it may be delayed for a few months ”.
Causes of the decline in the crypto market
This recent decline in the crypto currency market was due to Trump’s tariffs as well as the following factors:
- Pigeon Policy of the US Federal Reserve: Interest reduction expectations have created uncertainty in the market.
- The collapse of Javier Milei’s breast coin project: Token, supported by the Argentine President, suffered a major depreciation.
- Bybit Hack attack: The $ 1.4 billion cyber attack on the popular crypto exchange Bybit was negatively reflected in the market.
Nevertheless, Bernstein emphasized that major corporate investors’ interest in digital assets continues, and said that he did not change the optimistic perspective against Bitcoin.
Bernstein is not alone. The UK -based Standard Chartered Bank’s President Geoffrey Kendrick claimed that Bitcoin could first fall to 80,000 dollars, but then he would rise back to investors and offer “the opportunity to buy a decline”.
According to Kendrick, it seems difficult for the market to be attractive to buy from the bottom of the Bitcoin ETFs without an exit of $ 1 billion in a day. However, in the long term Bitcoin will reach $ 200,000, he said.
Option markets also sign the rise for Bitcoin
On the other hand, option markets support the expectation of rise. According to the data, 40 %of the transactions that will expire on March 28 will earn only if Bitcoin increases over $ 120,000.
This shows that investors believe that Bitcoin will rapidly recover despite the last collapse in the markets.
To be aware of last -minute developments Twitter ‘in, Facebook ‘ Instagram follow and follow Telegram And Youtube Join our channel!
