Bernstein analysts believe the next phase of Bitcoin's bull market is underway, driven by multiple positive catalysts. They highlight strong institutional adoption, including major investments from Goldman Sachs, Barclays, and Abu Dhabi’s Mubadala fund, alongside the continued success of spot Bitcoin ETFs. Additionally, they cite pro-crypto policies from the Trump administration, including a potential U.S. Bitcoin reserve and a sovereign wealth fund targeting crypto assets. With Bitcoin's market value at $2 trillion compared to gold’s $18 trillion, analysts see significant upside potential as adoption expands across banks, institutions, and even governments. Source: The Block
