Bernstein: Bitcoin Could Rise to $150,000 by Mid-2027, Peak Around $300,000 in 2029

Odaily News: Bernstein predicts that as currency debasement trades gain traction, Bitcoin will hit a record high of approximately $150,000 by mid-2027 and could reach a cycle peak of around $300,000 in 2029. The firm also maintains an outperform rating on Strategy (MSTR), but has lowered its price target from $450 to $350, primarily due to an updated outlook on the Bitcoin market cycle and consideration of dilution from Strategy's accelerated stock issuance.