Bitcoin between the record and the reset: Bernstein predicts course of $ 200,000
The Bitcoin is susceptible to fluctuations in August – between the record high and significant reset. Analysts from amber still see great potential.
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• Bitcoin in August with a mountain and descent
• Bernstein expects $ 200,000 for Bitcoin
• Ether, Solana and crypto shares should also join the bull run
So it has been going for Bitcoin in the past few weeks
The Bitcoin has had a few turbulent weeks. It was only on August 14 that the digital gold was able to reach a new record high at over $ 124,400. For a few weeks now, however, the original cryptocurrency has been down. In August it even went down to around $ 112,272. Among other things, the reasons for this were interest worries and that short-term investors withdrew from their investments. Some market participants even feared a course correction up to the $ 100,000 mark. Most recently, the Bitcoin noted at around $ 114,435 (as of 24.08.2025).
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Bitcoin course on the way to $ 200,000?
Nevertheless, the analysts of Bernstein still see considerable potential: their assessment could reach cryptocurrency between $ 150,000 and $ 200,000 within the next six to twelve months. The current market will be described as a “long, strenuous bull run”, which will extend by 2026 and its climax may not find it until 2027, as Yahoo! Finance reports.
However, drivers of this development are not only the growing interest of investors, but also political framework in the United States: “We believe that we are in the middle of a digital asset revolution that is supported by regulatory reforms,” wrote the company. “We believe that the Trump administration (including SEC/CFTC) is currently in the decisive mode to make the USA the crypto capital of the world. The highlight of the market is far from being reached. We expect a long crypto bull market that will start by 2026 and possibly reach its climax in 2027.”
US President Trump recently paved the way for cryptocurrencies in old-age provision plans, the SEC started with “Project Crypto” an initiative for clear rules, and the Genius Act stipulated a legal framework for stage. At Bernstein, one therefore speaks of a “digital asset revolution”.
Ether, Solana and crypto shares go with?
With the bullish expectations, Bernstein is not limited to Bitcoin. Other digital assets such as Ethereum and Solana should also benefit: Both networks have been able to develop significantly positively in the past few weeks and are also becoming increasingly important because they not only serve as investment instruments, but also as the basis for applications such as smart contracts, payment processing and tokenization.
For Ether, more than 195 percent have been up since the market lows in April, while Solana was able to grow by about 75 percent in the same period.
“This upswing is promoted by the knowledge of the market participants that institutions begin to build on this core infrastructure in order to replace conventional bank infrastructure,” said Chris Robins, Head of Growth and Strategic Partnerships at Axelar, a blockchain company.
At the same time, interest in crypto shares is also increasing: Robinhood was rated by Bernstein with a price target of $ 160 after the course had more than doubled since the beginning of the year. Coinbase and the StableCoin emittent Circle are also strong. Bernstein therefore assumes that the bull market will extend to large parts of the crypto economy beyond Bitcoin in the coming years.
Editor finance.net
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