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TD Cowen analyst sees bitcoin hitting $132,000 by 2027

Original: TD Cowen analyst says bitcoin could reach $132,000 in 2027 as institutions focus on how to hold it Bitcoin Magazine inte

TD Cowen analyst Lance Vitanza says bitcoin could reach $132,000 by 2027, citing growing institutional interest in how to hold the asset. In an interview with Bitcoin Magazine, he pointed to corporate treasuries adding bitcoin and the arrival of new capital markets products as drivers of adoption and demand.

Why now: Institutional adoption of bitcoin and bold price forecasts are drawing renewed attention amid current market moves.

TD CowenLance VitanzaBitcoin Magazinebitcoin

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