Bernstein expects Bitcoin to reach $200,000 by the beginning of 2026

Analysts at Bernstein maintain an ambitious forecast: BTC could reach $200,000 by the beginning of 2026. The main driving force is not retail traders, but institutions, ETFs, corporate budgets, and increased regulation.

They describe the current bull run as "long and exhausting" — and see it as the beginning of large-scale integration of crypto into the traditional economy.

The bet is made not only on Bitcoin but also on the growth of Ethereum and Solana networks, tokenization of assets, and the development of the stablecoin market.

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