New Bitcoin Price Prediction: Bernstein Forecasts $150,000 in 2027

$800 billion asset manager Bernstein has issued a new price prediction for Bitcoin, forecasting the cryptocurrency will hit $150,000 by mid-2027. In a note to clients, Bernstein argues that a broader “debasement trade” is likely to provide a tailwind for the largest cryptocurrency. The note also forecasted beyond that point, suggesting BTC will eventually reach $300,000 during the 2029 bull cycle.

Bernstein analyst Gautam Chhugani specifically notes the 40-year era of declining interest rates has come to an end, with governments facing rising debt-servicing costs as America’s debt hits $40 trillion U.S. This could lead to the revitalization of the crypto market, led by Bitcoin. Bernstein said that policymakers are likely to favour currency debasement over fiscal stress, potentially increasing demand for scarce assets that cannot be easily created or diluted, such as Bitcoin. Other factors likely to push Bitcoin’s price higher include wider institutional adoption and a favourable regulatory environment, Chhugani added.

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