Analysts at Bernstein, a well-known brokerage company, announced the start of a new bull cycle in the cryptocurrency market and urged investors to actively add digital assets to their investment portfolios. In their latest report, they noted that bitcoin’s recent rise to an all-time high above $82,000 confirms the positive sentiment in the market and opens up long-term investment opportunities.

Bernstein Recommendations: A portfolio of leading crypto assets

Bernstein experts advise investors not to miss the current opportunity to diversify assets and include cryptocurrencies in their portfolios. Among the recommended assets are Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and other promising digital currencies.

Bernstein emphasize that bitcoin remains a key asset in the cryptocurrency space, and also remind us that its growth in 2023 shows a significant recovery from the bear market. The analysts believe that as the crypto industry continues to evolve, Ethereum and Solana, thanks to their innovative ecosystems, are also capable of delivering high returns in the coming years.

Political factors and the future of cryptocurrency regulation

An interesting aspect of Bernstein analysts’ forecast is the impact of the US political environment on the cryptocurrency market. They expect regulatory changes after the election, especially if Donald Trump becomes president. Trump has already announced plans to create more favorable conditions for the cryptocurrency business, which could cause an inflow of capital into this sector and contribute to the growth of prices for digital assets.

A change in policy direction and a possible reduction in regulatory pressure could attract institutional investors and increase the overall trading volume in the cryptocurrency market. Bernstein expect that changes in regulation will lead to further growth in the value of bitcoin and other cryptocurrencies.

Bitcoin price prediction: $90,000 by 2024 and $200,000 by 2025

Bernstein have put forward an ambitious bitcoin price forecast for the next two years. The analysts believe that with Trump winning the 2024 election and changes in cryptocurrency regulation, bitcoin could reach $90,000 by the end of 2024.

In addition, they are confident that bitcoin could reach $200,000 by the end of 2025, thanks to increased demand from private and institutional investors, as well as further development of cryptocurrency ecosystems. Such forecasts are based on the increasing interest in cryptocurrencies from large financial organizations such as BlackRock and Fidelity, which are actively developing bitcoin-based products and ETFs.

Conclusion

Bernstein see huge potential in the cryptocurrency market in the coming years and advise investors to use the current moment to buy and accumulate crypto assets. Despite possible fluctuations and risks associated with political uncertainty and regulation, analysts believe that now is a good time to start adding digital assets to their portfolios to take advantage of the upcoming bull market.

Investors are advised to carefully assess risk and consider buying assets such as Bitcoin, Ethereum and Solana to take advantage of the next phase of growth in the cryptocurrency market.