Leading analysts Gautam Chhugani and Mahika Sapra of the global investment management company Bernstein, which has nearly $750 billion in assets under management, stated that they expect increases in Bitcoin.

“The best days are yet to come”

Analysts said that they expect new records in addition to a FOMO, considering the largest cryptocurrency’s rise in value in together with the growing interest in ETFs:

“At Grayscale, the outputs are getting lower. The amount has decreased to fifty million dollars in the past two days. Still, other ETF’s were capable of to raise $1.1 billion in the same time period. Despite the fact that the approvals of ETFs have been priced in by the market, fund inflows have not fully reflected this. Additionally, the reality that the supply is getting harder to come by is ignored. Those who still believe in Bitcoin continue to provide money. Using ETFs proved to be an easy method. Therefore, we expect the increases to continue. New records may come in Bitcoin. FOMO may occur.”

They are waiting the rally before halving

In the last report of Bernstein analysts, the post-halving was pointed out for the Bitcoin rally. However, analysts stated in their new reports that ETFs had their best start in the last 30 years and the increasing interest pulled the big rally before the halving.

Others who have not yet made an investment in Bitcoin are interested in it, according to the reports, and it was mentioned that “this group is still trying to be convinced, but they do not view it negatively.”