Wall Street Investment Bank Bernstein Predicts Bitcoin to Surge Between $150,000 and $200,000
Wall Street investment bank Bernstein believes that the current slump is merely a minor interlude on the path to a bull market, with Bitcoin expected to soar to between $150,000 and $200,000 within the next year. Meanwhile, well-known cryptocurrency analyst BitQuant has also stated that Bitcoin “will not drop below” $100,000 during this recent correction.
(Background: CryptoQuant Analyst: Bitcoin Returns to $115,000 Level, Futures Cooling! Awaiting Fed’s Statement on Friday)
(Context: U.S. Policy Nuclear Proposal: Suggesting Trump Use Tariffs from Other Countries to “Increase Bitcoin Holdings,” Ensuring USA’s Greatness)
Current Market Conditions
The cryptocurrency market has recently experienced a dismal performance, with Bitcoin’s price temporarily dropping below $115,000 and Ethereum’s strong upward momentum also coming to a halt, with prices dipping below $4,200, intensifying investors’ anxiety.
However, despite the significant market correction, Bernstein asserts that the current downturn is merely a small hiccup on the path to a bull market. In its latest report, Bernstein reaffirmed its previous judgment, stating that this bull market is “long and exhausting,” but Bitcoin’s upward journey is far from over.
Prolonged Bull Market Expected to Peak in 2027
The report indicates that Bitcoin still has substantial room for growth, with expectations to surge to between $150,000 and $200,000 within the next year. Analysts Gautam Chhugani and Mahika Sapra explained that shifts in the U.S. policy environment are significant drivers for Bitcoin’s rise, particularly as the Trump administration is making concerted efforts to establish the U.S. as the “global cryptocurrency capital.”
This will open up unprecedented development opportunities for digital assets, and the bull market may continue until 2026, peaking in 2027.
Additionally, Bernstein has also predicted the possibility of an altcoin season, believing that the excitement in the cryptocurrency market will not be limited to Bitcoin. Ethereum, Solana, and decentralized finance (DeFi) tokens are also expected to lead the next wave of growth, driving continued capital inflow into trading platforms and stablecoin issuers.
Bernstein Optimistic About Three Major Crypto Stocks
It is worth noting that Bernstein is equally confident about stocks related to cryptocurrencies, specifically highlighting three major players: Robinhood (HOOD), Coinbase (COIN), and stablecoin issuer Circle (CRCL).
Firstly, for Robinhood, Bernstein raised its target price from $105 to $160, noting that through the acquisition of Bitstamp, Robinhood has gained a large number of institutional users and has launched staking and tokenization products in Europe, which are seen as key drivers of its growth.
Secondly, for Coinbase, the American cryptocurrency exchange, Bernstein set a target price of $510 per share. Bernstein pointed out that Coinbase’s trading volume in July surpassed $100 billion, with trading revenues growing by 44% compared to the previous quarter. At the same time, Coinbase is actively expanding its derivatives business, including perpetual futures and the acquisition of the Deribit options platform, along with promoting the adoption of USDC, all of which are expected to drive its growth in the second half of 2025.
Finally, for Circle, Bernstein maintained a target price of $230, predicting that the supply of its issued stablecoin USDC will grow from the current $68 billion to $99 billion by 2026, and could reach $173 billion by 2027. As a key participant in the DeFi market, Circle’s expansion through collaborations with banks and payment providers, as well as the growth of its newly launched Arc blockchain and on-chain settlement market, will be long-term advantages.
BitQuant’s Optimistic Outlook: Bitcoin Will Not Drop Below $100,000
Additionally, it is notable that the well-known cryptocurrency analyst BitQuant, who accurately predicted Bitcoin would reach new highs in 2024, has also expressed optimism on the X platform, stating that Bitcoin “will not drop below” $100,000 during this recent correction:
“This cycle will not see a drop below $100,000, regardless of how news, the Fed, or inflation affects investor sentiment.”
Bitcoin isn’t going below $100K— not in this cycle. Doesn’t matter the news, the Fed, or inflation…https://t.co/M4GeexZzFZ — BitQuant (@BitQua) August 18, 2025
He also predicts that Bitcoin will surge to $145,000 in 2025 and could even reach a high of $250,000 during this cycle.
‘What comes after $145K?’ — a question asked by those who never survived a 10% volatility on the way there.https://t.co/WsVESAqNVK — BitQuant (@BitQua) August 18, 2025
Related Reports
- Listed medical company KindlyMD completes $200 million convertible bond: funds to be used to increase Bitcoin holdings, stock price drops instead of rising.
- After maintaining above $100,000 for a hundred days without interest, why are retail investors absent from this round of Bitcoin bull market?
- MicroStrategy has issued $6 billion in perpetual preferred stock to raise funds for purchasing Bitcoin.