Although CNBC estimates $135K, Bernstein refers to their $200K Bitcoin target as “conservative” as institutional momentum pushes the price above $109K. Technical analysis shows that there is little historical barrier to the breakout into the “outer space” zone.
Institutional investors and market analysts are still drawn to Bitcoin because of its explosive growth, and top financial institutions are now expressing a growing amount of optimism that the current price of $109,000 may represent the start of a new all-time high.
While CNBC analysts forecast even more short-term ambitious aims reaching $135,000, the $800 billion asset management firm Bernstein has boldly declared their $200,000 Bitcoin price projection for 2025 as particularly “conservative.”
Bitcoin is currently trading barely 4% below its most recent all-time high, which was established on May 22, as institutional optimism converges.
Institutional momentum drives market confidence
With Bernstein analysts highlighting that the current crypto market cycle started with Bitcoin’s institutionalization through spot ETF launches, the institutional adoption story has reached a crucial turning point.
Their $200K estimate is overstated because these financial institutions have legitimized Bitcoin in conventional investing portfolios and generated enormous demand.
JUST IN: $800 billion asset manager Bernstein says its $200,000 Bitcoin price prediction for 2025 is “conservative.” pic.twitter.com/GGLHWfOJQf
— Watcher.Guru (@WatcherGuru) June 10, 2025
Ethereum ETFs have amassed $9 billion in assets under management and $815 million in inflows in just 20 days, demonstrating that the success goes beyond Bitcoin.
This institutional thesis is further supported by the macroenvironment, which includes stable U.S. bond yields in spite of inflation fears sparked by tariffs, anticipated rate reduction by the Federal Reserve, and a declining value of the US dollar, all of which create an environment that is conducive to growth-oriented assets like Bitcoin.
With big companies like Metaplanet and Strategy holding record amounts of Bitcoin and Michael Saylor’s MicroStrategy continuing its aggressive accumulation strategy, corporate acceptance of Bitcoin has reached unprecedented heights.
According to CNBC analysts, this institutional infrastructure has produced “strong fundamental, macro, and technical backdrops” that support ongoing price growth.
Bitcoin technical analysis points to explosive breakout
Bitcoin successfully navigated through a traditional range-bound consolidation between $93,000 and $105,000, according to CNBC’s technical analysis. In March, there was a fake breakdown that trapped short sellers before the subsequent explosive breakthrough above $107,000.
According to CNBC analysts, the pattern shows strong institutional purchasing pressure. This pattern is aptly described by engineer analyst MattC, who suggests that Bitcoin has entered “outer space” zone with low levels of historical resistance.
#Bitcoin is only 5% away from zero gravity & price discovery 🚀 pic.twitter.com/cbxxupOcSy
— Matt C⚡️ (@mithcoons) June 9, 2025
Bitcoin has been following this long-term exponential trend line, which indicates that the present rise is a component of a broader macro bull cycle.
Given that Bitcoin has entered this “outer space” area, psychological round numbers like $120,000 or $130,000 may be the next significant resistance levels.
Furthermore, the Average Percent True Range (APTR) volatility analysis reveals especially interesting patterns, with low volatility readings around 8.5% on weekly charts and 3-4% on daily charts usually coming before significant breakouts.
Bitcoin shows the reverse pattern, with rising volatility accompanied by price increases, in contrast to traditional markets where volatility falls during uptrends.
A 100% Fibonacci objective of $135,000 has been projected by CNBC analysts due to this special feature and Bitcoin’s approach to the triple-resistance level of $110,000.
Additionally, Bitcoin follows four-year halves patterns, according to historical cycle analysis, with peaks typically occurring in June of halving years.
Bitcoin is breaking past all-time high resistance levels at $200,000 in the current 2025 cycle, indicating the beginning of what may be the biggest bull run in the cryptocurrency’s history.
Although the momentum indicators are overbought, they haven’t hit the extreme levels observed at past cycle peaks, suggesting that there may be more possibility for upward growth.
Global liquidity continues to expand. #Bitcoin pic.twitter.com/BU2hCA6PmZ
— Root 🥕 (@therationalroot) June 9, 2025
This technical prognosis is further supported by study of global liquidity. The price of bitcoin, which is now growing by 5–10% annually, is closely correlated with the growing central bank money supply from major economies.
In conclusion, Bitcoin is poised to surpass past market cycles and set a new all-time high. The combination of these technical patterns already lays the groundwork for Bitcoin’s future growth, regardless of whether it hits CNBC’s ambitious $135,000 forecast or Bernstein’s “conservative” $200,000 estimate.
Ukraine moves to add Bitcoin to national reserves in historic draft law
A significant change in Ukraine’s financial policy is indicated by the introduction of a draft law by the parliament that would let Bitcoin and other digital assets to be included in the gold and foreign exchange reserves of the National Bank of Ukraine.
This legislative action has garnered international notice and sparked internet debates. Many analysts see it as a turning point in the adoption of cryptocurrencies at the national level. Ukraine’s politicians are undoubtedly creating a legal framework for cryptocurrency assets at the highest level, even though the central bank has not yet issued official guidelines.
Ukraine’s bill 13,356: A move toward Bitcoin Reserves
Bill No. 13,356, which would change current law to include virtual assets—particularly cryptocurrencies like Bitcoin—among the National Bank of Ukraine’s gold and currency reserves, was released on the official Ukrainian legislative portal. The nation’s intention to acknowledge digital assets as an essential part of its financial structure is demonstrated by this public action.
By laying the groundwork for virtual assets to join conventional reserve assets, the law puts Ukraine in line with cutting-edge advancements in international banking.
“We, the members of parliament, believe this step will integrate Ukraine into global financial-innovation trends. Proper management of crypto-reserves can strengthen macro-economic stability and open new opportunities for the digital economy,” MP Yaroslav Zhelezniak wrote in his Telegram channel
Interest in the bill has grown significantly outside of government circles since its introduction. Global authorities and analysts of the cryptocurrency sector are keeping a close eye on Ukraine’s endeavor, which they regard as potentially leading the way in the adoption of cryptocurrency by sovereign states.
Public response and social engagement
Social media was immediately and extensively impacted by the revelation of Bill 13,356. Prominent cryptocurrency users and market analysts on sites like X praised Ukraine’s prompt and audacious strategy. The word soon spread around the world over the internet.
🚨BREAKING:
Ukraine proposes a new bill allowing its central bank to hold $BTC and other crypto assets in national reserves.
Sovereign crypto adoption is accelerating faster than expected🚀 pic.twitter.com/uRDoQIa45t
— Honored🪬 (@0xhonored) June 11, 2025
This post highlights the importance and urgency of Ukraine’s decision while capturing the fast-paced tone of the crypto community. More analysts and investors are discussing its possible effects on the global adoption of cryptocurrencies as public awareness grows.
Regarding the addition of Bitcoin or other digital assets to its official reserves, the National Bank of Ukraine has not yet issued a statement. However, as the legislative process progresses, more remarks should be anticipated.
Whether the bill becomes law will be decided by parliamentary debate and negotiations. Digital assets cannot be added to state reserves until operational and regulatory frameworks are in place, even if they are enacted. Therefore, the proposed reforms from Ukraine may pave the way for important changes in monetary policy at the national and European levels.
Few governments around the world have given similar measures any thought. Ukraine’s draft bill indicates a desire to innovate within top-level financial governance, regardless of the eventual decision in parliament. Given how swiftly the digital asset market is evolving, Ukraine’s proposal could influence central bank policies in Europe and beyond.
XRP payment volume surges 1,300% as ETF approval odds hit 87%
The growing likelihood of an ETF approval in 2025 is the primary driver of the enormous 1,300% increase in XRP payment volume, according to XRPScan statistics.
Over the last 24 hours, the XRP Ledger activity has skyrocketed, with a startling 1,300% increase in payment volume. The XRP ETF odds, which are currently at 87%, have drastically changed in tandem with this significant increase. Is the XRP bull run just getting started?
XRP payment volume spikes: details
Data from XRPScan shows that the number of XRP payments has increased dramatically to 4.11 billion, a 1,300% increase in a single day. The payment volume experienced a sharp increase from the previous day’s 295.67 million, despite the token’s sluggish price changes.
Following a notable 117.41% increase in on-chain payment activity over the previous day, XRPL payments recently soared to a monthly high of 1.1 million on June 9. This surge in activity coincides with the token’s price staying mostly steady between $2.21 to $2.32.
An increase in payment volume would support XRP’s utility-focused narrative and distinguish it from other cryptocurrencies that have trouble proving practical applications. Ripple’s international growth and rising transaction volume could rekindle investor interest despite its continuous regulatory issues in the US. “We’re seeing real utility in motion — this is exactly what we’ve been waiting for,” an XRP community member commented on Reddit, acknowledging the significant rise.
XRP ETF odds surge: Is this behind payment spike?
This payment rise is probably a result of the notable advancements made by Ripple and the XRP Ledger in recent days. With its most recent collaborations with Ondo Finance and Guggenheim, for example, the XRP Ledger has once again demonstrated its supremacy in tokenization.
This development has also been aided by growing speculation that an XRP ETF may be approved in 2025. There is hope since the probability of the ETF being approved now stand at 87%, according to Polymarket. Eric Balchunas, a Bloomberg analyst, has added gasoline to the rumors by forecasting a “Altcoin ETF Season.” This came after the SEC’s most recent action on applications for Solana ETFs.
Future decisions on spot XRP ETFs provide as another evidence of this growing optimism. The SEC is expected to make a decision on Franklin Templeton’s filing by June 17 and the ProShares XRP exchange-traded fund by June 25, 2025, as reported. Investor excitement was, however, dampened by the pending XRP lawsuit and other issues that clouded the SEC’s ruling.
The increase in XRP payment volume and Ripple’s significant acquisitions have increased investor confidence. The price of XRP may rise sharply as a result, maybe reaching all-time highs.
