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Bitcoin bullish momentum surges; Bernstein forecasts BTC could hit $300K by 2029.

Market News
26 Aug 2026
Tokenpost
View Source
Bullish
Bitcoin bullish momentum surges; Bernstein forecasts BTC could hit $300K by 2029.

Bitcoin shows signs of short-term profit-taking but strong long-term bullish indicators, with CryptoQuant's Bull Score hitting its highest since October 2025. Bernstein raised its Bitcoin price forecast to $150,000 by mid-2027 and up to $300,000 by 2029, citing rising U.S. debt and weakening fiat currencies. XRP also gains from growing stablecoin activity on the XRPL, potentially supporting demand despite some profit-taking by traders. These trends suggest a positive outlook for major cryptocurrencies amid market shifts.

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Bitcoin ETFs see $910M outflows in two weeks amid price dip below investors' average cost

Bitcoin ETFs see $910M outflows in two weeks amid price dip below investors' average cost

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