Bernstein predicts Bitcoin to hit $150K by mid-2027 and $300K by 2029

Bernstein forecasts Bitcoin reaching $150,000 by mid‑2027 and $300,000 by 2029. The firm attributes this potential upside to continued adoption, constrained supply dynamics and significant inflows from spot Bitcoin ETFs and institutional demand. If realized, these levels would represent substantial upside versus current prices and likely drive greater institutional allocation and market volatility, but they depend on sustained demand and favorable macro/ regulatory conditions.