Analysts at brokerage firm Bernstein forecast that the ongoing crypto bull market could extend until 2027, surpassing the traditional four-year cycle. The outlook is fueled by surging institutional capital, favorable U.S. digital asset policies, and broad-based market growth.
Market Outlook
Bitcoin: Projected to reach $150,000 – $200,000 in the next year.
Ethereum, Solana, DeFi tokens: Seen as the key drivers of institutional inflows.
Cycle Peak: Expected around 2027.
Institutional Momentum
Institutional adoption continues to expand the growth trajectory of crypto assets, despite short-term price corrections.
Products like staking, tokenization, and stablecoins are attracting sustained demand.
Company Projections
Robinhood: Price target raised from $105 → $160, after July crypto volumes hit $16.8B (+110% MoM), bolstered by its Bitstamp acquisition and expansion into staking & tokenization in Europe.
Coinbase: Upgraded to $510 target, with $100B+ in July trading volumes, and a $2.9B acquisition of Deribit options platform, advancing its “everything exchange” vision.
Circle: Maintained at $230, with USDC supply projected to grow from $68B → $173B by 2027, supported by the Arc blockchain and banking partnerships.
Conclusion
Bernstein’s outlook emphasizes:
Regulatory clarity, institutional adoption, and product diversification will underpin the longest crypto bull market in history.
