Bernstein Confirms Bitcoin Bottom, Maintains $150,000 Price Target For 2026
Bitcoin's floor is in—and the only way is up, according to Bernstein.
The firm just doubled down on its bullish call, confirming the crypto king has found its bottom and is locked on a trajectory toward $150,000 by 2026. Forget the doom-scrolling and panic-selling; this is a classic accumulation phase playing out in real-time.
The Path to Six Figures
So, what's fueling this meteoric projection? It's not magic—it's mechanics. Bernstein points to a powerful convergence: institutional adoption is no longer a speculative whisper but a roaring pipeline of capital. Meanwhile, the post-halving supply squeeze is starting to bite, creating a textbook scarcity shock. The infrastructure? It's matured from a digital Wild West into a regulated, high-speed financial network.
This isn't a hope-and-pray prediction. It's a model built on quantifiable inflows, shrinking sell-pressure from miners, and a regulatory landscape that's slowly—painfully slowly—catching up to innovation. The pieces are aligning for a demand surge that the constrained new supply simply can't meet.
A Reality Check for the Skeptics
Sure, traditional finance veterans might scoff, clutching their bond yields and whispering about tulips. Let them. Their skepticism is the very fuel that has powered every disruptive asset class in history—right before they scramble to get in late. Bitcoin's journey has always been a marathon of proving doubters wrong, one block at a time.
The bottom is confirmed. The target is set. The countdown to a $150,000 Bitcoin is officially on. Whether Wall Street's old guard is ready or not.
New Bull Run Expected
In a recent note, Chhugani and his team expressed “reasonable confidence” that both bitcoin and the broader digital asset markets have found their bottom.
Concerns that the recent October peak, which surpassed $126,000, represented the absolute height of a historical four-year cycle for BTC are viewed as exaggerated by Bernstein. The firm underscores an ongoing “digital assets revolution” that is likely to prolong the current bull market.
“We believe the market’s apprehension towards the four-year cycle pattern is unfounded given the current market context,” the analysts noted, highlighting that institutional demand is a significant driver of adoption in the digital asset space.
Considering the momentum, Bernstein has revised its forecasts, projecting that Bitcoin will achieve $150,000 by 2026 and reach $200,000 by 2027.
Is Bitcoin Preparing For A ‘Post-Bear Market Surge’?
Market expert MartyParty has echoed these predictions, asserting that Bitcoin and other blue-chip cryptocurrencies are influenced heavily by liquidity, which is controlled by the Federal Reserve (Fed) and the Treasury.
MartyParty noted that every BTC peak has historically coincided with quantitative easing (QE), while each bottom aligns with quantitative tightening (QT).
With the Fed ending its QT phase on December 1 after starting it in the wake of COVID-19 in 2022, and with QE kicking off on January 1, 2026, he believes that a new bull market has commenced.
Featured image from DALL-E, chart from TradingView.com
