Bernstein Extends Bitcoin Bull Run Forecast to 2027 — $200K Target Sparks Debate
🔑 Key Takeaways Bernstein analysts predict Bitcoin’s bull run may extend to 2027 , defying the traditional 4-year halving cycle model. Price target range of $140K–$200K , supported by regulatory clarity, ETF flows, and institutional adoption. Macro liquidity, U.S. policy shifts, and global capital flows are likely to shape the cycle more than mining supply shocks alone. 🗞 Main Story Bernstein, led by senior analyst Gautam Chhugani , has ignited debate across Wall Street and the crypto community with its latest projection: Bitcoin’s bull cycle could persist through 2027 , extending well beyond the typical 4-year rhythm tied to halving events. The report argues that regulatory clarity in the U.S. (notably the GENIUS Act governing stablecoins), spot ETF adoption, and deepening institutional flows are transforming Bitcoin from a speculative asset into a core part of the financial system. Historically, Bitcoin cycles have been dictated by mining halv...