According to The Block, Bernstein analysts released the latest research report that the current cryptocurrency bull market cycle may continue until 2027, driven by US policy support and increased participation of institutional investors. Analysts expect bitcoin prices to reach the $15-200,000 range in the next year.
The research report raised the target price of several cryptocurrency-related listed companies: raised the target price of Robinhood to $160, optimistic about the institutional user base brought by its acquisition of Bitcoin era; set the target price of Bitcoin base at $510, expecting its derivatives business expansion to drive growth; maintain the target price of Circle at $230, and expect its USDC stablecoin supply to reach $173 billion in 2027.
Bernstein: Cryptocurrency bull market could continue until 2027
2025-08-19 10:06:04
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