Market Flux Event
Bernstein Predicts Bitcoin Will Reach $150K by Mid-2027 and $300K by 2029
Analysts at Bernstein have issued a bullish long-term forecast for Bitcoin, projecting the cryptocurrency will recover to a new record high of $150,000 by mid-2027 in their base case before reaching a cycle peak of $300,000 by 2029. The firm cites rising government debt and currency debasement as key demand drivers, arguing that scarcity makes Bitcoin an increasingly attractive asset as fiat currencies lose purchasing power. Bernstein also points to growing institutional adoption and a strong base of long-term holders as structural supports for the outlook.
The research note separately cut the price target on Strategy, the publicly traded firm with large Bitcoin holdings, to $350.
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Sources
- cryptobriefing.comBernstein predicts Bitcoin to hit $150K by mid-2027 and $300K by 2029
- theblock.coBernstein sees bitcoin reaching $150,000 by mid-2027 amid ‘debasement trade,' but cuts Strategy target to $350
- The BlockBernstein sees bitcoin reaching $150,000 by mid-2027 amid ‘debasement trade,’ but cuts Strategy target to $350
- DeItaoneBITCOIN COULD HIT $300,000 BY 2029 Bernstein predicts Bitcoin could recover to a new record of $150,000 by mid-2027 before reaching $300,000 by 2029. The firm expects rising government debt and currency debasement to boost demand for scarce assets like Bitcoin. Bernstein also highlights growing institutional adoption and strong long-term holders as key support for its bullish outlook.
- CointelegraphBULLISH: Bernstein predicts Bitcoin will hit $300,000 by 2029.
- coingape.comBernstein Predicts BTC Price Could Hit $300K by 2029 and $1M by 2033
- CoinGapeMediaBernstein Bets on $1M Bitcoin #Bernstein sees $BTC reaching $300K by 2029 and maintaining its $1M target for 2033, citing #institutional demand, #debt and currency debasement. Know more in comments
- tokenpost.comBitcoin Bull Score Surges as Bernstein Eyes $300K BTC
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- Unusual_WhalesBitcoin could hit $300,000 by 2029, per Bernstein.
- coinpaper.comBitcoin Could Reach $150K by Mid-2027, Bernstein Says as Strategy Target Falls
- cryptopotato.comWill Bitcoin (BTC) Reach $100K This Quarter? Here's What 3 AIs Predict
- Crypto PotatoWill Bitcoin (BTC) Reach $100K This Quarter? Here’s What 3 AIs Predict