Why these analysts say bitcoin will double by next year — and could reach $500,000 by the end of the decade

“Bitcoin's recent resurgence has drawn attention from prominent analysts at Bernstein, who project a potential peak of $300,000 by 2029. For U.S. investors, this forecast signals a possible shift in portfolio allocation toward digital assets, potentially influencing market liquidity and regulatory scrutiny. The projected price surge could also affect consumer spending patterns, as increased wealth from crypto gains may boost discretionary spending. Expert Analysis: While the bullish outlook underscores the growing institutional confidence in Bitcoin, it also highlights the heightened volatility that could pose risks to retail investors and necessitate robust risk management strategies.”