Bernstein: This round of the crypto bull market may last until 2027, and BTC could rise to $150,000 to $200,000 in the next year

ChainCatcher news, according to The Block, Bernstein analysts' latest report indicates that despite a recent cooling in prices, the current cryptocurrency bull market may continue until 2027, driven by U.S. policy support and increasing institutional adoption. Analysts expect Bitcoin to rise to $150,000 to $200,000 within the next year, while also raising the target prices for Coinbase, Robinhood, and Circle.

Additionally, the company anticipates that the crypto asset cycle will surpass Bitcoin, with Ethereum, Solana, and DeFi tokens driving the next wave of increases.