Crypto Bull Run Begins: Experts Urge Investors to “Buy It All”
Bernstein analysts, led by Gautam Chhugani, have strongly recommended seizing current crypto investment opportunities following Donald Trump’s election, citing his supportive stance toward cryptocurrency.
With bitcoin reaching all-time highs, Chhugani advises clients to embrace the market, predicting a favorable shift in U.S. policy that could benefit crypto. Trump’s promises, including creating a national bitcoin reserve and easing regulations, signal potential growth in cryptocurrency adoption. Bernstein suggests investing in spot bitcoin and ethereum ETFs, crypto mining firms, and companies like Microstrategy.
Confident in bitcoin’s future, the firm maintains a $200,000 price target by the end of 2025.
Clever Robot News Desk 13th November 2024