[Bernstein: Bitcoin to Reach $150,000 by Mid-2027, Lowers MSTR Target Price to $350] According to a report by Jinse Finance on August 26, Bernstein predicts that with the rise of the 'debasement trade,' Bitcoin will reach a historic high of $150,000 by mid-2027 and peak at around $300,000 by approximately 2029. The firm maintained its 'Outperform' rating on MicroStrategy but lowered its target price from $450 to $350, citing an updated outlook on the Bitcoin cycle and the accelerated pace of equity dilution.