Bernstein Predicts $125K Bitcoin Price By End Of 2026

The financial institution Bernstein has released a bullish Bitcoin price prediction for the next few years. According to Gautam Chhugani, a senior analyst at Bernstein, the price of BTC could reach $125,000 by the end of 2026.

This is based on the growing influence of spot Bitcoin ETFs, institutional investors, and corporate buyers in the market. Unlike previous cycles, where downturns often resulted in 75% to 90% crashes, recent drawdowns have been closer to 50%. This could indicate that institutional ownership is helping create a stronger base during market corrections.

For 2027, Bernstein expects Bitcoin to reach around $150,000 by mid-year. The potential for the price to move beyond this level will depend on institutional demand, global liquidity, and whether the current cycle continues expanding.

Looking ahead to 2029, Bernstein's stronger bull case predicts a potential peak near $500,000. In contrast, Pantera Capital has presented a long-term scenario of around $740,000 for Bitcoin.