Key facts
- Bitcoin price target of $95K-$100K by year-end projected by Fundstrat analyst Sean Farrell.
- Farrell cited bond volatility impacting equities as a factor in near-term market murkiness.
- He believes a broader regime shift favors Bitcoin.
- MSCI's exclusion of Bitcoin treasury companies was discussed, with limited expected impact.
Fundstrat's head of digital asset strategy, Sean Farrell, anticipates Bitcoin could reach between $95,000 and $100,000 by the end of the year. He acknowledged that current market conditions are uncertain due to bond volatility affecting equities, but maintained a constructive outlook based on a broader regime shift favoring Bitcoin. Farrell also addressed MSCI's decision to exclude Bitcoin treasury companies, suggesting it would have a limited impact on strategy.