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Bernstein says Bitcoin likely hit bottom, keeps $150K 2026 target amid mild 40% dip

Analyst Insights
24 Mar 2026
Crypto news
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Bullish
pluang ai news

Research firm Bernstein believes Bitcoin has likely found its cycle bottom and maintains a year-end 2026 price target of $150,000, suggesting a potential 100%+ gain from current levels. The current 40% correction is seen as a temporary confidence crisis, not a structural issue, contrasting with deeper past bear markets. Institutional adoption, favorable policies, and continued buying by Strategy (MicroStrategy) support this outlook. Some analysts remain cautious, noting risks if Bitcoin fails to hold above $70,000, but Bernstein's long-term target remains bullish at $1 million by 2033.

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