【Bernstein: The cryptocurrency bull market may extend until 2027】According to Golden Finance, The Block reports that Bernstein analysts have released the latest research report indicating that the current cryptocurrency bull market cycle may extend until 2027, driven by support from U.S. policies and increased participation from institutional investors. Analysts expect the price of Bitcoin to reach the range of $150,000 to $200,000 in the next year. The report raised target prices for several cryptocurrency-related listed companies: it raised Robinhood's target price to $160, optimistic about the institutional user base brought by its acquisition of Bit时代; set Bitcoin Base's target price at $510, expecting its derivatives business expansion to drive growth; and maintained Circle's target price at $230, anticipating its USDC stablecoin supply will reach $173 billion by 2027.