Bitcoin Surges Past $65K, Bernstein Predicts $150K by 2025

Bitcoin has experienced a significant recovery, surpassing the $64,000 mark and reaching as high as $65,000. This surge follows a period of downturn where Bitcoin's price had dropped significantly. The cryptocurrency's recovery is attributed to positive market sentiment and increased buying activity, with spot ETF flows turning positive on May 3. Analysts remain bullish, predicting potential future gains, with targets set as high as $100,000 for Bitcoin and $150,000 by the end of 2025, as predicted by Bernstein. The recovery also coincides with a broader bullish sentiment in the cryptocurrency market, including Ethereum, which has seen support levels stabilize at $3,000.