Bernstein Sees Bitcoin to $200k, BitQuant Says $100k Floor
Wall Street investment bank Bernstein reiterated in a recent report that the current Bitcoin slump is merely a market dip and predicts a rally to $150,000–$200,000 over the next year. Analysts Gautam Chhugani and Mahika Sapra cited shifts in US policy under the Trump administration as key bullish drivers, expecting the bull market to extend to 2026 and peak in 2027. Bernstein also anticipates an altcoin season led by Ethereum, Solana and DeFi tokens. The firm raised price targets for crypto-related stocks: Robinhood (HOOD) to $160, Coinbase (COIN) to $510, and Circle (CRCL) maintained at $230. Meanwhile, crypto analyst BitQuant tweeted that Bitcoin will not drop below $100,000 this cycle and could surge to $145,000 in 2025 or even $250,000 at peak. Traders should monitor these forecasts for potential buying opportunities.
Bullish
These optimistic forecasts from Bernstein and BitQuant reinforce bullish sentiment by setting high price targets and asserting strong market fundamentals. Bernstein’s $150k–$200k projection and extension of the bull cycle to 2027, combined with rising altcoin prospects and upgraded crypto stock targets, suggest increased institutional inflow and market confidence. Historically, similar dip-and-rally phases in the 2018–19 and 2020–21 cycles saw comparable pullbacks before substantial rebounds. Short-term, traders may buy on dips near $100k; long-term, the sustained bull thesis supports holding through volatility towards six-figure price milestones.