$880 billion Bernstein predicts a $150k price target for Bitcoin in 2026
$880 billion Bernstein predicts a $150k price target for Bitcoin in 2026 
Cryptocurrency Mar 24, 2026 Share
Bitcoin (BTC) may have already hit its cycle bottom after a sharp correction, and now Wall Street analysts are pointing to a potential BTC surge toward $150,000 as institutional demand continues to reshape the market.
On March 24, Wall Street research and brokerage firm Bernstein reiterated that Bitcoin price could have bottomed after a 50% crash from its peak. The firm’s analysts, led by Gautam Chhugani, believe that the 2025/2026 Bitcoin bear market was the weakest in its history.
“In view of recent market correction, we believe, the Bitcoin cycle has broken the 4-year pattern (cycle peaking every 4 years) and is now in an elongated bull-cycle with more sticky institutional buying offsetting any retail panic selling,” Bernstein wrote.
The research firm added:
“Despite a ~30% Bitcoin correction, we have seen less than 5% outflows via ETFs. We are moving our 2026E Bitcoin price target to $150,000, with the cycle potentially peaking in 2027E at $200,000. Our long term 2033E Bitcoin price target remains ~$1,000,000.”
Bitcoin price eyes reversal amid heightened institutional demand
Meanwhile, during the past 30 days, BTC price has gained $2,708, which represents an uptick of 4%, to trade about $70,130 at press time. The flagship coin has gained bullish momentum catalyzed by strong institutional demand, led by Strategy Inc. and spot BTC exchange-traded funds (ETFs).
BTC/USD 30D chart. Source: Finbold
Given its current value of about $70,000 BTC price would need to more than double in 2026 and reach a market cap of nearly $3 trillion by the end of 2026 in order to fulfill Bernstein’s prediction. Currently, Bitcoin has a reported market cap of about $1.39 trillion and a 24-hour average traded volume of around $35.82 billion.
