Bitcoin price forecast from Bernstein after the youngest all-time high

When Bitcoin achieved a new record high of over $ 123,000 on Monday, the analysts from Bernstein gave a bullish long-term outlook for digital asset and predicted a transformative period for the entire crypto sector.

In a message to customers, the analysts of Bernstein, under the direction of Gautam Chhugani, describe the ongoing cycle as a “long and exhausting crypto bull market”, which is not driven by speculation of private customers, but by the increasing acceptance of institutions.

In contrast to previous market booms, this cycle is characterized by clear regulation, the adaptation of the governments and a mature ecosystem of the blockchain-based financial infrastructure.

The analysts found that blockchains are developing into a new financial class based on the Internet, whereby stable coins have already achieved a market capitalization of $ 250 billion. They also referred to rapid progress in cross -border payment applications and initial signs of acceptance in the mainstream.

Around 50 million users currently have crypto wallets, but Bernstein expects this number to increase strongly into the three-digit million range by integrating blockchain tools by banks and companies. The next major growth driver of the sector will probably be the tokenization of real assets, Bernstein continues.

Alexander has been working in the crypto industry for three years and has made a name for himself during this time through his active participation in observing the market dynamics and technological innovations. His interest in cryptocurrencies and new technologies is not just a professional obligation, but a deep personal passion. He follows the news from the industry every day, analyzes trends and is enthusiastic about every new step in the development of blockchain solutions. His enthusiasm drives him to constantly learn and share his knowledge because he sees the future in the digital financial world and its role in global transformation.