Bernstein analysts predict that Bitcoin could reach a target price of $200,000 by the end of 2025, regardless of the U.S. election outcome. This prediction is based on fiscal runaway, record debt levels, and monetary expansion in the U.S., which is driving demand for hard assets. Analysts believe that the success of the U.S.
spot Bitcoin exchange-traded funds has accelerated this trend, leaving plenty of room for growth in the Bitcoin market.
