Bernstein forecasts Bitcoin to reclaim $125K by late 2026 ahead of cycle peak
Bernstein expects Bitcoin to reclaim $125,000 by late 2026 before reaching $300,000 in 2029 under its base case, with a bull case of $500,000.
Cointelegraph reports that Bernstein, a Wall Street research company, anticipates Bitcoin (BTC) to bounce back to $125,000 by late 2026, as part of its base and bullish cases. This projection comes after Bitcoin's 28% increase over the past 10 days following a 50% dip from its October 2025 peak. Bernstein's forecast is rooted in historical four-year cycles tied to the halving event, with the crypto asset expected to reach $300,000 in 2029 in the base case and $500,000 in 2029 in the bull case.
The firm attributes Bitcoin's recent rebound to the growing influence of institutional investors and corporate Bitcoin buyers, which provided a stronger safety net and reduced the drawdown compared to previous cycles. Bernstein maintains its long-term BTC target of $1 million by 2033 under both scenarios.
Written by urgent.news from Cointelegraph's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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