Coinspeaker
Bernstein Sets $150,000 Post-Halving Bitcoin Price Target
Analysts from Bernstein, a top research and brokerage firm, strongly believe that the price of Bitcoin (BTC) will hit $150,000 after the upcoming halving event. The analysts are optimistic that the top cryptocurrency by market capitalization will resume its bullish trajectory once the halving event is out of the way and the mining hash rate has settled.
The projected Bitcoin price target is expected to be achievable before the end of 2025. It is worth noting that Bitcoin halving usually comes with some price fluctuations. Often, it precedes a significant bull run for Bitcoin as it alters the market dynamics. The new demand from miners’ potential sell pressure becomes the catalysts that lead to Bitcoin price appreciation in every cycle.
“Historically, a bitcoin price breakout has always followed the halving event and sometimes a few months after halving,” Gautam Chhugani and Mahika Sapra, two senior
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