In its analysis of the general situation of the cryptocurrency industry, asset management company Bernstein mentioned that the Bitcoin price could break a new record.
According to the report published yesterday by Bernstein, “Bitcoin price follows four-year cycles in line with Bitcoin halving.”
The halving, which occurs every four years, is expected to take place in April. Commenting on the 2024-2027 cycle, Bernstein said that Bitcoin “It is expected to set a new cycle record at $150,000 in mid-2025.” stated that it was possible.
According to the Bernstein report, the halving that will occur in the next few months benefit for shares of mining companies assessable.
Company, “self-mining, low production cost, high liquidity” He highlighted the names Riot Platforms (RIOT) and ClearnSpark (CLSK). For these respectively $15.60 and $5.30 A target price is set.
A target of $8.30 was set for Marathon Digital (MARA), which is stated to be the largest Bitcoin miner. Bernstein, Marathon they have debts and mining prices to hosting partners He emphasized that he was committed.