Bitcoin is consistently setting new record highs on Monday after breaking above $89K.
Bitcoin has continued hitting new all-time highs as prediction markets price in high odds of a run to $100K. Ecoinometrics suggests that BTC's rally still falls short of its historic post-halving growth. Asset manager Bernstein appealed to investors to begin adding Bitcoin exposure. The continued uptrend has led asset managers like Bernstein to urge investors to consider adding Bitcoin exposure to their portfolios.
Long-term owners are no longer willing to part with bitcoin below $100k, and short-sellers don't want to step in front of a freight train, he wrote in an X post on Monday. Likewise, asset managersamassed record-breakingBitcoin ETFs volumein the past week. This resulted in firms like Bernstein urging investors to consider gaining exposure to Bitcoin, hinting at a wild price rally.
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