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

macro

Bernstein forecasts Bitcoin will reclaim $125,000 by late 2026 ahead of the cycle peak. The firm attributes the expected rally to post‑halving supply constraints and growing institutional demand, including ETF inflows. The projection implies significant upside from current levels and could accelerate institutional allocation to Bitcoin. If realized, the price path would reinforce Bitcoin’s scarce‑asset narrative while heightening sensitivity to macro and inflow‑driven volatility.

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