Bitcoin’s roller-coaster ride this year has taken it from near-record highs to renewed uncertainty — but one major Wall Street name is still betting on a blockbuster comeback. Where prices stand - BTC peaked around $97,000 in mid-January but never revisited that level. - It plunged into the $60,000 zone in February and has oscillated between roughly $62,000 and $75,000 since. - After a June correction, the cryptocurrency is trading near $63,000. - Even with the pullback, institutional activity has been loud: BlackRock reportedly sold about $527.8 million worth of Bitcoin last month. Bernstein’s bullish counterpoint On June 8, wealth-management and research firm Bernstein told clients it remains highly bullish on Bitcoin, forecasting a potential surge to $150,000 this year (2026) — a roughly 138% gain from current levels. In dollar terms, that projection implies a $1,000 stake could grow to roughly $2,380 if the call plays out. Why Bernstein thinks BTC can still soar - Maturing market, not collapse: Bernstein interprets recent sell-offs as a sign of market maturation rather than terminal decline. - Retail slowdown = healthier structure: Reduced retail trading — with many individual investors chasing AI stocks instead — has left more room for institutional buyers to accumulate at discounts. - Institutional depth could stabilize price action: The firm argues that institutions buying now and selling at future highs could push prices upward; and when retail returns at higher prices, it may further fuel rallies. In Bernstein’s view, weeding out casual, short-term speculators could strengthen Bitcoin’s market structure over time. Context and caveats Bernstein’s call arrives amid a broadly bearish market and active institutional selling (e.g., BlackRock). Forecasts like this carry substantial uncertainty — macro conditions, regulatory developments, ETF flows, and investor sentiment can all swing outcomes dramatically. Bottom line Despite a mid-year correction and notable outflows from some large institutions, Bernstein sees a pathway for Bitcoin to more than double in the next six months. Whether the market will follow that script remains a high-stakes question for traders and institutions alike.
Bernstein Forecasts Bitcoin Could Reach $150K in 2026 Despite BlackRock Sell-Off
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Summary
Bitcoin price prediction from Bernstein sees potential for $150,000 by 2026, despite recent BlackRock selling. The firm sees dips as signs of market maturity, with lower retail activity helping institutional buying. Bitcoin price today remains under pressure, but Bernstein stays bullish on long-term growth.
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