Bernstein maintains $150,000 Bitcoin target despite drop

Bernstein maintains its USD $150,000 Bitcoin target for end-2026, citing market maturity and institutional accumulation despite a 54% correction from the 2025 high.

Bernstein has reaffirmed its target of USD $150,000 for Bitcoin by the end of 2026, even after a projected 54% correction from the all-time high expected in October 2025. This anticipated drop is notably less severe than the 75% to 90% declines seen in previous cycles, signaling increased market maturity. Analysts attribute this resilience to growing institutional and corporate accumulation of BTC. The report notes that, while reaching the target is now more challenging, the bullish outlook remains intact. Net flows into Bitcoin and related ETFs are less negative than market sentiment suggests, supporting the positive thesis. Furthermore, the current correction is expected to last about three quarters, shorter than the typical 12 to 15 months of previous bear cycles. Institutional buying strategies have increased BTC reserves, and the market is showing early signs of recovery, with prices fluctuating between USD $60,000 and $63,000 over the past week.