-
Bernstein analysts expect the bull market to continue into 2027.
-
Bitcoin could hit $150K-$200K within a year.
-
Coinbase, Robinhood, and Circle highlighted as key winners.
Extended Bull Market Outlook
Analysts at Bernstein believe the ongoing crypto bull market could last until 2027, far longer than the traditional four-year cycle. They argue that U.S. policy support and institutional adoption are fueling sustained momentum despite recent market pullbacks.
Bitcoin Price Targets
Bernstein projects Bitcoin could trade between $150,000 and $200,000 within the next year. Analysts say the Trump administration’s efforts to make the U.S. a global crypto hub extend the runway for digital assets well beyond earlier expectations.
Key Companies Poised to Benefit
Bernstein raised its price targets for Robinhood, Coinbase, and Circle. Robinhood was highlighted for its $16.8B in July crypto trading volumes and its Bitstamp acquisition. Coinbase was praised for its expanding derivatives business and USDC adoption, with a price target of $510 per share. Circle is expected to see USDC supply grow to $173B by 2027, supported by banking partnerships and its Arc blockchain launch.
Beyond Bitcoin
The analysts also expect Ethereum, Solana, and DeFi tokens to lead the next phase of the rally, broadening crypto adoption across trading platforms and stablecoin issuers.
