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Bitcoin surges 29% in three weeks, analysts predict another 515% rise to $500,000 by 2029.
Bitcoin has surged by 29% in the past few weeks, with a 21% increase in just three days between August 19 and August 22. Bernstein analysts predict that Bitcoin is poised to reach a new all-time high next year and surpass $150,000 by mid-2027, driven by currency debasement, a clearer regulatory environment, and increased institutional adoption. In a base-case scenario, Bitcoin could reach $300,000 by the end of 2029; in a bull-case scenario, its price could climb to $500,000, representing over 500% upside from current levels.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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