Bernstein just updated its $BTC price targets:
Base case: • $125K by the end of 2026
• $300K cycle peak in 2029
• $1M by 2033
Bull case: $500K in 2029 🚀
Their reasoning? Institutional demand helped limit this drawdown to roughly 50%, compared with the 75–90% crashes we’ve historically seen.
I’ve been around long enough to know that price predictions are often just vibes dressed up as research. 😅
But the institutional bid thesis isn’t wrong. This cycle does look different: deeper liquidity, more sophisticated participants, and less retail-driven panic.
That said, $1M by 2033 makes for a great headline. Whether we actually get there will depend on factors no spreadsheet can accurately predict — macro conditions, regulation, liquidity, and how much real-world adoption $BTC achieves.
I’m not betting against $BTC long-term.
But I’m also not planning my life around someone else’s spreadsheet. 📊
#BTC #BTC70K✈️
Base case: • $125K by the end of 2026
• $300K cycle peak in 2029
• $1M by 2033
Bull case: $500K in 2029 🚀
Their reasoning? Institutional demand helped limit this drawdown to roughly 50%, compared with the 75–90% crashes we’ve historically seen.
I’ve been around long enough to know that price predictions are often just vibes dressed up as research. 😅
But the institutional bid thesis isn’t wrong. This cycle does look different: deeper liquidity, more sophisticated participants, and less retail-driven panic.
That said, $1M by 2033 makes for a great headline. Whether we actually get there will depend on factors no spreadsheet can accurately predict — macro conditions, regulation, liquidity, and how much real-world adoption $BTC achieves.
I’m not betting against $BTC long-term.
But I’m also not planning my life around someone else’s spreadsheet. 📊
#BTC #BTC70K✈️
