Apr 29, 06:00 AM

Bernstein Analysts Predict Bitcoin New Highs on Record ETF Inflows, Corporate Treasury Purchases, and Shrinking Exchange Supply

Analysts at Bernstein have forecast that Bitcoin is poised to reach new all-time highs. This projection is based on a combination of factors including increasing corporate treasury purchases, record inflows into Bitcoin exchange-traded funds (ETFs), and a shrinking supply of Bitcoin available on exchanges. The growing demand from institutional investors, particularly through corporate accumulation and strong spot ETF inflows, is creating a supply squeeze that is expected to drive the cryptocurrency's price upward.

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