The post Bernstein Signals Extended Bull Market for Bitcoin appeared on BitcoinEthereumNews.com. Key Points: Bernstein revises Bitcoin’s price target, extending the bull market outlook. Institutional demand is offsetting retail panic selling. Bitcoin projected to reach $1 million by 2033. Bernstein’s latest analysis suggests Bitcoin has entered an extended bull market cycle, predicting price targets of $150,000 by 2026 and $200,000 by 2027. This revised forecast challenges traditional four-year cycles, highlighting increased institutional investments amid retail sell-offs, potentially influencing long-term Bitcoin market dynamics. Extended Bitcoin Bull Market Driven by Institutional Demand Bernstein, a significant player on Wall Street, has positioned itself at the forefront of Bitcoin analysis by highlighting an adjustment in the digital currency’s market cycle. The firm is led in this direction by analyst Gautam Chhugani, who has constructed a compelling narrative that challenges Bitcoin’s historic four-year halving cycles. Bernstein forecasts Bitcoin to hit $150,000 by the end of 2026, potentially peaking at $200,000 in 2027. With current market conditions showing a 30% retracement, Bernstein sees minimal impact from ETF outflows, marked by less than 5%. The firm attributes its bullish outlook on institutional buying, which it views as offsetting any retail panic. This shift underscores a more prolonged bull market cycle, deviating from the previous four-year trends. “The fear of the 4-year halving cycle has turned into a self-fulfilling prophecy, causing unnecessary selling.” – Gautam Chhugani, Senior Research Analyst, Bernstein Research On the community front, while major crypto figures have not directly responded to Bernstein’s latest forecast, the crypto community broadly speculates on the cryptocurrency’s potential rise. Institutional interest in Bitcoin is consolidating the sentiment of a robust bull phase, aligning with several long-term bullish theses from notable market participants. Bitcoin Forecasted to Break $1 Million by 2033 Did you know? In challenging the four-year cycle, Bernstein’s new outlook aligns with emerging narratives that emphasize the role of institutional demand… The post Bernstein Signals Extended Bull Market for Bitcoin appeared on BitcoinEthereumNews.com. Key Points: Bernstein revises Bitcoin’s price target, extending the bull market outlook. Institutional demand is offsetting retail panic selling. Bitcoin projected to reach $1 million by 2033. Bernstein’s latest analysis suggests Bitcoin has entered an extended bull market cycle, predicting price targets of $150,000 by 2026 and $200,000 by 2027. This revised forecast challenges traditional four-year cycles, highlighting increased institutional investments amid retail sell-offs, potentially influencing long-term Bitcoin market dynamics. Extended Bitcoin Bull Market Driven by Institutional Demand Bernstein, a significant player on Wall Street, has positioned itself at the forefront of Bitcoin analysis by highlighting an adjustment in the digital currency’s market cycle. The firm is led in this direction by analyst Gautam Chhugani, who has constructed a compelling narrative that challenges Bitcoin’s historic four-year halving cycles. Bernstein forecasts Bitcoin to hit $150,000 by the end of 2026, potentially peaking at $200,000 in 2027. With current market conditions showing a 30% retracement, Bernstein sees minimal impact from ETF outflows, marked by less than 5%. The firm attributes its bullish outlook on institutional buying, which it views as offsetting any retail panic. This shift underscores a more prolonged bull market cycle, deviating from the previous four-year trends. “The fear of the 4-year halving cycle has turned into a self-fulfilling prophecy, causing unnecessary selling.” – Gautam Chhugani, Senior Research Analyst, Bernstein Research On the community front, while major crypto figures have not directly responded to Bernstein’s latest forecast, the crypto community broadly speculates on the cryptocurrency’s potential rise. Institutional interest in Bitcoin is consolidating the sentiment of a robust bull phase, aligning with several long-term bullish theses from notable market participants. Bitcoin Forecasted to Break $1 Million by 2033 Did you know? In challenging the four-year cycle, Bernstein’s new outlook aligns with emerging narratives that emphasize the role of institutional demand…