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Bernstein: Bitcoin could rise to $150,000 by mid-2027, with a peak of around $300,000 in 2029

2026-08-26 10:22

Odaily Planet Daily News: Bernstein expects that driven by the gradual rise of currency debasement trading, 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 lowered its price target from $450 to $350, mainly due to an updated outlook on the Bitcoin market cycle and consideration of dilution from Strategy's accelerated equity issuance.