Bernstein Predicts Bitcoin Will Reach $150,000 by Mid-2027 and Peak at $300,000 in 2029

Bernstein expects Bitcoin to hit an all-time high of approximately $150,000 by mid-2027 and potentially reach a peak of around $300,000 in this market cycle by 2029. The firm also maintains its "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 considering the dilution effects from Strategy's accelerated stock issuance.

This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.