Bernstein: The cryptocurrency bull market may continue until 2027 According to The Block, Bernstein analysts released a new research report indicating that the current cryptocurrency bull market cycle may extend until 2027, driven by support from U.S. policy 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 the target prices for several cryptocurrency-related listed companies: raising Robinhood's target price to $160, optimistic about its acquisition of Bitwise bringing in institutional user base; setting Coinbase's target price at $510, expecting its derivatives business expansion to drive growth; maintaining Circle's target price at $230, expecting its USDC stablecoin supply to reach $173 billion by 2027. $BNB
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