Bitcoin · Strategy · Donald Trump · Decrypt
Bitcoin Hits Highest Price in Weeks as Bernstein Analysts Maintain 'Ambitious' $150K Target
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Since reaching a new all-time high price last October, Bitcoin has failed to meet lofty future price targets from enthusiasts and analysts alike, falling nearly 50% since that time.
Key facts
- But as it changes hands at $63,836 on Monday after touching $63,900 earlier in the day—its highest price in the last two weeks of trading—analysts at investment bank Bernstein are still holding
- We reckon, our 2026 year-end $150K BTC price target appears ambitious in context of the market correction,” analysts said
- The top crypto asset has jumped 1.7% in the last 24 hours and now more than 6% in the last week of trading, though Bitcoin has seen all its gains since the reelection of President Donald Trump wiped
- To reach its ambitious $150,000 end of year target, Bitcoin would need to jump nearly 135% from its current mark
Summary
Bernstein analysts kept a $150,000 Bitcoin price forecast in play despite its nearly 50% retrace from all-time highs. Analysts pointed to potential regulatory clarity and Strategy remaining a net BTC buyer as possible tailwinds. Bitcoin has jumped more than 6% this week, hitting its highest point in the last two weeks. But as it changes hands at $63,836 on Monday after touching $63,900 earlier in the day—its highest price in the last two weeks of trading—analysts at investment bank Bernstein are still holding to their admittedly “ambitious” target of $150,000 per Bitcoin by year’s end.