Bernstein Sees Bitcoin at $150K by Mid-2027, Cuts Strategy Price Target to $350 Bernstein analysts expect Bitcoin to reach roughly $125k by the end of 2026, a new high of $150k by mid-2027 and a cycle peak of around $300k in 2029 under their base case. If currency debasement accelerates institutional inflows, Bitcoin could reach $200k by mid-2027 and $500k in 2029. Bernstein maintained its long-term forecast of approximately $1 million by the end of 2033. The firm maintained its Outperform rating on Strategy but cut its price target from $450 to $350, citing a revised Bitcoin cycle outlook and accelerated equity dilution.
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