Bitcoin expected to reach $150,000 in 2026…Potential to break 4-year cycle driven by institutional demand

Source: DigitalToday Original Title: Bitcoin Could Reach $150,000 by 2026… Bernstein’s Outlook Original Link:

Investment bank Bernstein has raised its Bitcoin price forecast for 2026 to $150,000, citing strong institutional demand and the potential to break away from the traditional four-year cycle.

Bernstein analyzed that the Bitcoin market is gaining stability under institutional leadership, and even during the recent price correction, spot exchange-traded fund(ETF) outflows remained at only around 5%. Accordingly, they forecast the possibility of Bitcoin rising to $150,000 in 2026, $200,000 in 2027, and even $1 million by 2033.

Bitmain Chairman Tom Lee also supported Bitcoin’s long-term bullish outlook at a recent Blockchain Week, mentioning the possibility of the four-year cycle being broken. In an interview, he revised his year-end target from $250,000 down to over $100,000 but noted there is still room for Bitcoin to surpass its previous all-time high of $126,200.

Meanwhile, expectations for a Federal Reserve(Fed) interest rate cut are also having a positive effect on the market. In a recent newsletter, the London Crypto Club projected that a combination of rate cuts and bond purchases would create a favorable environment for Bitcoin. According to the Chicago Mercantile Exchange(CME) FedWatch Tool, the probability of a 0.25 percentage point rate cut is estimated at 86%, which could act as a supportive factor for Bitcoin’s bullish trend.

“Considering the recent market correction, we believe the Bitcoin cycle has broken the four-year pattern(peak every four years) and is currently in a prolonged bull market where institutional buying power is offsetting retail panic selling.”