Bitcoin (BTC) may have already hit its cycle bottom after a sharp correction, and now Wall Street analysts are pointing to a potential BTC surge toward $150,000 as institutional demand continues to reshape the market.
On March 24, Wall Street research and brokerage firm Bernstein reiterated that Bitcoin price could have bottomed after a 50% crash from its peak. The firm’s analysts, led by Gautam Chhugani, believe that the 2025/2026 Bitcoin bear market was the weakest in its history.
The research firm added:
Bitcoin price eyes reversal amid heightened institutional demand
Meanwhile, during the past 30 days, BTC price has gained $2,708, which represents an uptick of 4%, to trade about $70,130 at press time. The flagship coin has gained bullish momentum catalyzed by strong institutional demand, led by Strategy Inc. and spot BTC exchange-traded funds (ETFs).
BTC/USD 30D chart. Source: FinboldGiven its current value of about $70,000 BTC price would need to more than double in 2026 and reach a market cap of nearly $3 trillion by the end of 2026 in order to fulfill Bernstein’s prediction. Currently, Bitcoin has a reported market cap of about $1.39 trillion and a 24-hour average traded volume of around $35.82 billion.
Source: https://finbold.com/880-billion-bernstein-predicts-a-150k-price-target-for-bitcoin-in-2026/
