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Bernstein Forecasts Bitcoin at $150,000 by Mid-2027, Lowers Near-Term Target

A Bernstein analyst projects Bitcoin could reach $150,000 within a mid-2027 timeframe while reducing a shorter-term price target.

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Bernstein has issued a longer-term Bitcoin projection of $150,000 by mid-2027, attributing the outlook to what the analyst characterises as a 'debasement trade'. Simultaneously, the firm has cut its near-term price target to $350, adjusting its near-term expectations for the asset.

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