Bernstein: Bitcoin reached $150,000 by mid-2027, reducing the MTR target price to $350

On 26 August, Bernstein predicted that, with the rise of the “debasement trade”, Bitcoin would reach a record high of $150,000 by mid-2027 and reach a peak of about $300,000 around 2029. The agency maintained the MicroStrategy's “Outperform” rating, but lowered its target price from $450 to $350 on the grounds that it updated the outlook for the coin cycle and took into account the accelerated dilution of the equity。