#Bernstein

Bernstein Just Gave Bitcoin a $150,000 Base Case — and a $500,000 Bull Case for 2029

Bernstein’s updated model sees bitcoin at $125K by end of 2026, a new all-time high of $150K by mid-2027 and a $300K cycle peak in 2029 — with a $500K bull case if the debasement trade accelerates. Here’s the macro logic behind it.