Bernstein forecasts Bitcoin to reclaim $125K by late 2026 ahead of cycle peak

Bernstein expects Bitcoin to recover to $125,000 by late 2026, according to Cointelegraph, before advancing further in the firm’s longer-term base-case outlook. The research firm projects Bitcoin could reach $300,000 in 2029 under that scenario. Bernstein also sets out a more optimistic bull case, in which Bitcoin rises to $500,000. The projections place the anticipated recovery ahead of a broader cycle peak, while distinguishing the near-term $125,000 target from the later 2029 valuation. The outlook provides separate base and bull-case levels rather than a single forecast for Bitcoin’s future price. Bitcoin is the primary market asset covered by the report.