Bernstein Predicts Bitcoin to Soar to $125,000 by 2026
Bernstein analysts are predicting that Bitcoin could reach $125,000 by the end of 2026. This forecast is based on demand from large investors and funds who continue to build reserves in Bitcoin.
The current rebound in the market, which has seen a gain of about 28% over the last ten days, may indicate that the bear phase has come to an end. Bernstein notes that this decline has been milder than previous cycles, with the price previously falling by almost 50% from its all-time high.
The analysts have outlined several scenarios for Bitcoin's future price, including a base scenario where it reaches $150,000 by mid-2027 and $300,000 by 2029. In their stronger scenario, they predict that Bitcoin could reach $200,000 by mid-2027 and $500,000 by 2029.