BUSINESSTHE BLOCK
Bernstein sees bitcoin reaching $150,000 by mid-2027 amid ‘debasement trade,’ but cuts Strategy target to $350
Bernstein predicts that bitcoin could reach $150,000 by mid-2027 amid a 'debasement trade.' However, while providing this high target, the firm simultaneously cut its own Strategy target price to $350.
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Adjacent reporting
- ‘Any signs of life?’ Bernstein holds ‘ambitious’ $150K year-end bitcoin target despite 54% drawdown
- This Bitcoin price model targets ‘conservative’ $255K by year-end
- Bitcoin Is 'Boring' AI-Hungry Retail Investors, But Bernstein Still Sees $150K This Year
- Bitcoin Hits Highest Price in Weeks as Bernstein Analysts Maintain 'Ambitious' $150K Target
- Veteran trader Peter Brandt sees bitcoin hitting $250,000, but only after a bottom later this year