Bernstein Predicts Crypto Bear Cycle to End in 2026, Bitcoin at $60K
Bernstein forecasts a turnaround in the crypto market by 2026, anticipating Bitcoin will hit its lowest point around $60,000.
According to Bernstein, a prominent financial firm, a 'short-term bear cycle' in the cryptocurrency market is expected to reverse by 2026. The firm suggests that various factors, including institutional investments, U.S. regulatory policies, and considerations surrounding sovereign assets, may create the conditions for what they deem the 'most significant' cycle in crypto history.
Investors should take note of these insights, as Bernstein believes that the upward trend will be driven by these critical influences.