Bernstein sees 'short-term crypto bear cycle' reversing in 2026, with bitcoin bottoming in the $60K range
Bernstein says crypto markets may still be in a short-term bear phase but expects a reversal within 2026, likely in the first half, with bitcoin bottoming around prior cycle highs.
The firm argues institutional flows, U.S. policy alignment, and sovereign-asset considerations could set the stage for what it calls the “most consequential” next bitcoin cycle.
Analysts at Bernstein expect the current downturn in crypto markets to give way to a recovery in 2026, even as bitcoin
#BTC +1.72%
traded 40% below its all-time highs at around $75,000 earlier on Monday.
XRP
1.147
-0.22%