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Bernstein: Bitcoin could reach $150,000 by 2026, recommends buying dips in cryptocurrency stocks
Deep Tide TechFlow News, January 6th, Bernstein analyst Gautam Chhugani expressed optimism about the cryptocurrency market trend in 2026 and recommended buying crypto company stocks on dips. The related analysis includes:
2026 Outlook: The tokenization super cycle will dominate. Bitcoin will bottom out and rebound, with a target price of $150,000 (2026), and a peak of $200,000 (2027).
Stablecoins: Supply will increase by 56% to $420 billion, with payment and fintech companies like Block, Revolut, and PayPal strongly supporting stablecoins.
RWA Tokenization: TVL will grow from $37 billion to $80 billion, with banks participating in this field.
Prediction Markets: Trading volume will increase by 100% to $70 billion (with revenue reaching $1.4 billion). Platforms like Kalshi, Robinhood, and Coinbase will gain regulatory support.