10 Articles
10 Articles
The bitcoin (XBTUSD) could still have a wide-ranging upward journey over the next few years. Bernstein believes that the digital asset is well positioned to benefit from sovereign debt pressures and a possible depreciation of currencies, with a new maximum expected for next year.See more: What is the ‘debasement trade’ and why does it drive gold and bitcoin and hit the dollar?The firm's thesis combines macroeconomic factors with bitcoin's own be…
Bitcoin Could Hit $300K by 2029 as ‘Debasement Trade’ Gains Momentum, Bernstein Says
Global brokerage and research firm Bernstein projected that the price of Bitcoin will reach a cycle peak of $300,000 by 2029. Analyst Gautam Chhugani explained that the pioneer cryptocurrency is positioned as the primary macroeconomic beneficiary of the debasement trade, fueled by the ongoing devaluation of fiat currencies amid high fiscal deficits across major economies. This forecast comes in response to the end of a four-decade cycle of low i…
US financial institution Bernstein predicted that Bitcoin could rise to $150,000 by mid-2027 and to $300,000 by 2029. The institution stated that increasing institutional demand and global debt concerns would support Bitcoin.
Bernstein: Bitcoin Set to Retake $125K by Late 2026, Near Cycle Peak
Wall Street research firm Bernstein is forecasting a rebound in Bitcoin, arguing that the recent selloff could mark the transition away from the current bear phase and toward a new advance driven by institutional and corporate participation. In a research report published Wednesday and seen by Cointelegraph, Bernstein expects Bitcoin to retake its 2025 high and push into fresh cycle highs over the next several years, with targets ranging from $1…
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