Bernstein analysts predict that under the baseline scenario, Bitcoin will rebound to around $125K by the end of 2026, hit a new high of $150K by mid-2027, and reach a cycle peak of around $300K by 2029. If currency devaluation accelerates institutional inflows, Bitcoin could hit $200K by mid-2027 and rise to $500K by 2029. Bernstein maintains its long-term forecast of around $1M for Bitcoin by the end of 2033. At the same time, the firm maintains an 'Outperform' rating for Strategy but has lowered its target price from $450 to $350 due to adjustments in Bitcoin cycle expectations and accelerated equity dilution. (The Block) https://(wublock123.com)/news/bernstein-sees-bitcoin-hitting-150k-by-2027-lowers-strategy-target-67241