Bernstein: Bitcoin Could Reach $150,000 by 2026, Advises Buying Crypto Company Stocks on Dips

Odaily News Bernstein analyst Gautam Chhugani expressed optimism about the cryptocurrency market trend in 2026 and advised buying cryptocurrency company stocks on dips. The related analysis includes:

1. 2026 Outlook: The tokenization supercycle will dominate. Bitcoin will bottom out and rebound, with a target price of $150,000 (by 2026) and a peak of $200,000 (by 2027).

2. Stablecoins: Supply will increase by 56% to $420 billion. Payment and fintech companies such as Block, Revolut, and PayPal will strongly support stablecoins.

3. RWA Tokenization: TVL will grow from $37 billion to $80 billion, and banks will participate in this field.

4. Prediction Markets: Trading volume will increase by 100% to $70 billion (revenue could reach $1.4 billion). Platforms such as Kalshi, Robinhood, and Coinbase will gain regulatory support.