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Bernstein predicts Bitcoin will reach $150,000 by mid-2027 and peak at around $300,000 in 2029
Bernstein expects Bitcoin to reach a new high of $150,000 by mid-2027, followed by a peak of around $300,000 around 2029. The firm noted that this trend is related to the rise of the “debasement trade.”
At the same time, Bernstein maintains an Outperform rating on Strategy (formerly MicroStrategy, $MSTR), but has lowered its target price from $450 to $350, citing the updated Bitcoin cycle outlook and the accelerated dilution of the company’s equity.
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