PANews reported on October 23 that according to The Block, analysts at research and brokerage firm Bernstein claimed that their current forecast of a Bitcoin price of $200,000 by the end of 2025 is "conservative" and urged skeptics to reconsider the limited supply of cryptocurrencies in an era of record U.S. debt levels. For investors who do not want to hold Bitcoin directly, the analyst suggested that they could invest in MicroStrategy, the world's largest Bitcoin corporate fund holder, and Robinhood, which is continuing to expand its encryption services, as an alternative to indirect investment.
In addition, analysts also said that in a world where US debt has hit new highs and the threat of inflation still exists, the existence of a digital asset with a limited supply of "value storage" is not a bad thing. If investors like gold, they should like Bitcoin more.
