Digital asset prices may still see substantial gains before the market corrects, the analyst said.
Investors are boosting Bitcoin allocations as a hedge against geopolitical uncertainty, the bank said.
Sustained buying by institutional investors pushed Bitcoin above $100,000, opening the doors for a retest of the all-time high.
The return of the Bitcoin “Coinbase premium” could be a sign that BTC price is on the path to $138,000.
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