Bernstein analysts project Bitcoin at $150k by mid-2027, revising their strategy price target downward to $350.
Bernstein analysts revised their Bitcoin forecast, projecting the cryptocurrency will reach $150k by mid-2027 under a base-case scenario. The firm expects Bitcoin to hit $125k by the end of 2026 and peak at $300k in 2029. Accelerated institutional inflows could push Bitcoin to $200k by mid-2027 and $500k by 2029.
The long-term outlook remains unchanged, with a target of $1 million by the end of 2033. Bernstein maintained its Outperform rating on Strategy but reduced its price target from $450 to $350, citing a revised Bitcoin cycle outlook and equity dilution concerns.