Bernstein analysts predict that Bitcoin will surpass gold as a store of value within 10 years. This forecast has created significant waves in the financial world following Bitcoin’s rise above $100,000.
Analysts at Bernstein, a firm managing over $750 billion in assets, believe that Bitcoin will outpace gold as a store of value within the next decade.
In a client report led by Gautam Chhugani, analysts expressed their expectation that Bitcoin will reach $200,000 by the end of 2025. They emphasized that their confidence in Bitcoin is independent of economic fluctuations and made the following statement:
“We foresee Bitcoin positioning itself as the leading ‘store of value’ asset of the new era. This belief goes beyond short-term developments. Bitcoin will become an integral part of corporate firms’ value storage strategies. We anticipate a rapid increase in demand in this sector, led by MicroStrategy.”
D.A. Davidson Analyst: Not Like Gold!
Gil Luria from the financial services firm D.A. Davidson argued that Bitcoin’s value primarily increases based on its adoption rate and is not an inflation-hedging asset like gold. Luria stated that Bitcoin’s value is shaped more by the level of adoption than by traditional economic indicators and has a weak correlation with inflation. He also emphasized that Bitcoin still has a long way to go to become a widely used medium of exchange, which is why it cannot be classified in the same category as gold.
The Impact of Corporate Adoption on Bitcoin
The recent increase in Bitcoin’s value has been largely driven by the adoption of U.S.-based corporate firms. The approval of spot ETFs, in particular, led to a price surge, which reached new highs following Trump’s election victory.
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