Bernstein Projects Bitcoin at $150,000 by Mid‑2027, $300,000 by 2029

Bernstein’s latest market outlook projects a significant rise in Bitcoin’s price over the next several years. In its base‑case scenario, the firm expects Bitcoin to reach $150,000 by mid‑2027. The projection continues upward, with a potential cycle peak of roughly $300,000 by 2029.

Mid‑term outlook (2027)

The mid‑term forecast places Bitcoin at $150,000 around the middle of 2027. This estimate reflects Bernstein’s assessment of market dynamics and supply‑side factors influencing the cryptocurrency.

Long‑term cycle peak (2029)

Beyond the 2027 target, Bernstein anticipates a longer‑term cycle peak near $300,000 in 2029. The projection suggests a continued upward trajectory for Bitcoin over the next few years.