Bitcoin at $150.000? Bernstein reveals why the market has already bottomed out and what to expect now.

Bernstein confirms that Bitcoin has bottomed out and projects growth toward $150.000 by the end of 2026. We analyze the fundamentals, the impact of mining as a strategic pillar, and the institutional projections of other major firms.

Wall Street analysis and brokerage firm Bernstein has issued a compelling report marking a turning point for the cryptocurrency market: Bitcoin has likely bottomed out and is now in a technical recovery phase that positions it to conquer the $150.000 mark by the end of 2026. 

After a correction that eliminated excessive leverageAnalysts suggest that the network's fundamentals remain stronger than ever, driven by institutional demand that seeks not only profitability but also strategic protection against global instability.

Bernstein's view: The market bottom is already behind us

According to the team of analysts led by Gautam ChhuganiThe recent price readjustment, which saw Bitcoin retreat from its all-time highs, was not a sign of structural weakness, but a "necessary readjustment" of market sentiment. 

Bernstein argues that the current cycle is defined by much more stable capital flows than in previous years, specifically citing the resilience of ETFs (exchange-traded funds) and the growing participation of corporate treasuries.

This thesis from the firm is based on the maturity of the digital ecosystem. Unlike past cycles marked by systemic stress from insolvent platforms, such as FTX, the current correction has been driven by macroeconomic factors, such as high interest rates and geopolitical tensions in the Middle East. For Bernstein, Bitcoin's ability to maintain critical support levels in this environment confirms that the asset has found its bottom and that the path of least resistance is now upward, with a market structure that favors long-term accumulation over short-term speculation.

From digital gold to the infrastructure of the future: the strategic role of Bitcoin

But optimism about Bitcoin and the cryptocurrency market isn't unique to Bernstein. In fact, JPMorgan Chase He stated this month that he maintains significantly high price targets, estimating that Bitcoin will reach $266.000 per unit. 

The bank's estimated valuation is not a random number; it's based on a volatility-adjusted comparison model against gold. As Bitcoin's volatility decreases relative to the precious metal, institutional capital finds stronger fiduciary justifications for increasing its allocation.

For its part, beyond the price, the role of Bitcoin's infrastructure is also acquiring a geopolitical dimension. Brian Morgenstern, a former White House official and current policy leader at Riot Platforms, has positioned Bitcoin mining and Artificial Intelligence (AI) infrastructure as the strategic pillars that will define the United States' economic leadership in the next decade.

For experts, this technological convergence is critical. Data centers dedicated to Bitcoin mining are proving to be cutting-edge laboratories for energy management and high-performance computing, essential elements for the development of AI. 

According to Morgenstern, strengthening the mining industry not only secures the Bitcoin network, but also ensures that the energy and computing infrastructure needed for the next industrial revolution remains under national control, strengthening economic security against global competitors.

Safe Haven in Times of Conflict: The Geopolitical Trial by Fire

Finally, a report A recent report from CoinShares sheds light on how the geopolitical landscape, especially the conflict with Iran, has reshaped the global appetite for risk. Analysts at this firm assert that, far from acting like a traditional risk asset that collapses in the face of uncertainty, Bitcoin has provided the clearest real-world proof of their thesis. safe haven.

During periods of heightened tension in the Middle East, Bitcoin has outperformed gold, underscoring its value as a portable, censorship-resistant, and easily liquidated asset in emergency situations. This resilience has transformed the perception of asset managers, who now see blockchain decentralization as a necessary protection against the systemic risks of traditional financial markets and currency devaluations.

In conclusion, we are in a cycle of "Institutional Enlightenment." With the backing of firms like Bernstein and JPMorgan, and the integration of mining into the national security strategies of major economic powers, Bitcoin has ceased to be a financial experiment and is poised to become a fundamental component of the global technological and economic infrastructure by 2026.