Bernstein Predicts Bitcoin Surge to $200K by 2027

Investment research firm Bernstein projects Bitcoin (BTC) could surge to between $150,000 and $200,000 within the next several years, with the current bull market potentially extending through 2027. This optimistic outlook is driven by factors including institutional adoption, ETF inflows, regulatory clarity under the Trump administration, and growing infrastructure maturity in the crypto sector. A key catalyst is the recent executive order signed by President Trump allowing cryptocurrencies to be included in U.S. 401(k) retirement plans, which could unlock billions in new capital inflows and further boost Bitcoin's price. Bernstein also highlights Ethereum and Solana as leading altcoins poised to outperform, supported by their technological development and increasing roles in decentralized finance and applications. The firm sees the current crypto rally as more structural and durable than past cycles, fueled by convergence between traditional markets and crypto-native platforms, with regulated exchanges and payment platforms like Robinhood, Coinbase, and Circle benefiting from growing institutional and retail participation. Despite Bitcoin's volatility, with recent price drops following all-time highs, Bernstein maintains a bullish long-term growth perspective while cautioning investors about crypto's inherent risks.