According to the report published by Bernstein, Bitcoin (BTC) may continue to move upwards.
According to Bernstein analysts, there is a significant increase in the Bitcoin market thanks to the interest in spot exchange-traded funds (ETFs). Fear of missing out (FOMO) may begin.
Analysts say sales from Grayscale Bitcoin Trust (GBTC) starts to decrease He noted that and other funds continue to grow. The impact of the money entering these funds has not yet been determined on the market. not fully felt is considered.
According to Bernstein research, Bitcoin Before the halving that will take place in April 2024 Might have a rally.
Analysts say those considering investing in a Bitcoin mining company choose a company now and its investment keep it until halving suggests. Bernstein, especially Riot Platforms (RIOT) And CleanSpark (CLSK) He stood above his companies.