NewsNovo
Investment firm Bernstein now expects Bitcoin (BTC) to reach a price of $150,000 by mid-2027 and $300,000 by the end of 2029.
The firm’s analysis suggests that an ultrabullish scenario could see the digital asset climb as high as $500,000.
These price targets follow a 25% return for Bitcoin in August, which has renewed investor interest in the asset.
Bernstein identifies several catalysts that could propel these gains, primarily the "debasement trade" and improving regulatory conditions.
Keep reading