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Bernstein: Bitcoin Could Rise to $150,000 by Mid-2027, Peak Around $300,000 in 2029

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Odaily News: Bernstein predicts that as currency debasement trades gain traction, Bitcoin will hit a new all-time high of approximately $150,000 by mid-2027, and may reach a peak of around $300,000 in this cycle by 2029. The firm also maintains an Outperform rating on Strategy (MSTR), but has lowered its price target from $450 to $350, primarily due to an updated outlook on the Bitcoin market cycle and consideration of equity dilution from Strategy's accelerated share issuance.

This content is for informational and educational purposes only and does not constitute investment advice related to BTCC. BTCC makes every effort but cannot guarantee the truthfulness, accuracy, or originality of the content above.