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

Bitcoin's recent resurgence has analysts from Bernstein predicting it could hit $300,000 by 2029, with some even speculating it might soar to $500,000 by the decade's end. This bullish outlook is driven by increasing institutional adoption, regulatory clarity, and growing confidence in digital currencies. These projections matter because they could reshape investment strategies and influence global financial markets. The potential for such a dramatic increase underscores the evolving perception of Bitcoin as not just a speculative asset but a legitimate contender in the mainstream economy.