Bernstein Analysts Forecast Crypto Bull Market Through 2027

Bernstein analysts forecast a continued crypto bull market until 2027, citing U.S. policy support and institutional adoption as catalysts, with Bitcoin potentially reaching $150,000-$200,000, impacting Coinbase, Robinhood, and Circle.

This analysis signals significant investment opportunities amid regulatory changes, promoting growth in cryptocurrencies and related equities.

Bitcoin Price to Hit $150,000-$200,000 with ETF Approvals

Bernstein analysts have projected that Bitcoin’s price could range between $150,000 and $200,000 within the next year. Preceding this forecast, US policy support and the approval of spot Bitcoin Exchange Traded Funds (ETFs) by the SEC have been identified as key catalysts. Analysts have highlighted that the current market conditions are ripe for sustained growth, particularly with the backing of institutional investments. They project that major cryptocurrencies, including Ethereum and Solana, alongside DeFi tokens, are poised to garner increased investor attention.

The implications span across enhanced trading volumes and the expansion of product offerings among key industry players. Price targets for companies like Coinbase now reflect increased trading volumes and anticipated stability in product offerings, with shares potentially reaching $510. Robinhood and Circle are also expected to benefit, with upgraded share price targets of $160 and $230, respectively.

We expect Bitcoin will hit $150,000–$200,000 within the next year, with continued upside for Ethereum, Solana, and DeFi tokens.

Market reactions have been noteworthy, with institutional investors showing heightened interest. While specific reports from key market leaders or executives have not been forthcoming, the general sentiment within the crypto community has been bullish. As more institutional funds pour in, there are expectations of increased liquidity and broader market engagement.

Bitcoin Dominance Grows; Institutional Demand Fuels Expansion

Did you know? Historical data shows that previous crypto bull markets, such as those in 2016-2017, also saw significant price rallies. These were driven by macroeconomic shifts and burgeoning institutional interest, similar to the factors being observed today.

As of August 19, 2025, Bitcoin (BTC) trades at $115,393.70, with a market cap of 2,297,316,152,879.95. Bitcoin commands 58.97% of the cryptocurrency market, with its 24-hour trading volume noted at 63,470,476,909.17, reflecting a slight 0.20% increase. Over the past 90 days, the cryptocurrency has appreciated by 8.63%, according to CoinMarketCap data.

Insights from Coincu suggest that financial markets will likely observe more active regulatory adaptations, as institutional players demand clear guidelines. Analysts also predict robust growth in trading platforms, driven by enhanced product expansions and technological advancements. This outlook aligns with Bernstein’s predictions of heightened continued engagement from both institutional and retail investors.