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Bernstein said Bitcoin’s growing institutional base supports a long-term path to $150k in 2026, $200k in 2027, and potentially $1M by 2033. Analysts expect a Fed rate cut that could add liquidity and fuel upside, with BTC facing key levels at $91k–$97k and downside risks toward $82k.

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00:00It's Benzinga, bringing Wall Street to Main Street.
00:03Bernstein said Monday that Bitcoin's institutional base is strong enough to support a higher
00:07long-term trajectory, according to Benzinga. The firm updated its price outlook and now
00:12expects Bitcoin to reach $150,000 in 2026, with a potential peak of $200,000 in 2027
00:20and a long-term target of $1 million by 2033. Bernstein said institutional buying has replaced
00:28the old retail-driven four-year cycle, creating what VanEck's Matthew Siegel called an elongated
00:32bull cycle. Analysts and market odds point to a likely 0.25% Fed rate cut that could boost
00:39Bitcoin, since lower rates and added liquidity often push investors toward higher return assets.
00:44A break above $91,000 opens the path toward $93,900 and $97,100. A drop below $88,500 exposes
00:57$86,800 and losing that level could send price toward $82,000. For all things money, visit
01:04Benzinga.com.
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