Analysts at Bernstein have made optimistic forecasts regarding the sustainability of the cryptocurrency bull market, predicting it will continue until 2027.
Bitcoin Projections
According to Bernstein's report, Bitcoin could rise to $150,000-$200,000 within the next year. The optimism is based on growing support from U.S. policymakers and institutional investors. The approval of spot Bitcoin ETFs and increased corporate participation are expected to strengthen BTC's position.
Ethereum, Solana, and DeFi as Market Drivers
In addition to Bitcoin, Bernstein believes that Ethereum and Solana will play a key role in the next phase of the bull market. Demand for scalable blockchain platforms and decentralized financial services is expected to rise, leading to increased trading volumes.
Role of Policy and Institutional Support
Bernstein's forecast emphasizes the importance of the political environment for the development of the crypto market. Clearer regulations from U.S. regulators open the way for new capital inflows from large institutional investors. Growing investor confidence is facilitating the improvement of trading and compliance infrastructure, which can sustain the bull trend until 2027.
According to Bernstein analysts, the cryptocurrency bull market has a good chance of continuing its growth over the next few years, potentially leading to significant changes in the market for digital assets.
