Bernstein Sees Bitcoin Soaring to $125K in Late 2026
Wall Street research company Bernstein has forecast that Bitcoin will reclaim its 2025 high and set new records in the coming years. According to a report, Bitcoin (BTC) is expected to reach $125,000 by late 2026 under both its base and bull cases.
The company said Bitcoin's recent rebound of 28% over the previous 10 days could signal the end of the current bear cycle. Bernstein also noted that institutional investors and corporate buyers have played a bigger role in the market, providing greater downside support during the latest cycle.
Under its base case, Bernstein expects Bitcoin to reach $150,000 by mid-2027 before peaking at around $300,000 in 2029. Its bull case puts the largest cryptocurrency at $200,000 by mid-2027 and $500,000 in 2029.