Bitcoin is still set for $150,000 in 2026... According to Wu Blockchain, an analyst at financial giant Bernstein, has highlighted that $BTC's current downturn is far less than in previous cycles, despite widespread bearish sentiment. At the same time, the firm reiterated its

What happened

Bernstein analyst Wu Blockchain projected that Bitcoin could reach $150,000 by 2026, noting that the present price drop is less severe than in previous market cycles.

Proposed

Global impact / market context

If Bitcoin reaches $150,000, it would dramatically increase the asset’s market value, potentially boosting investor wealth, encouraging more institutional capital inflows, and influencing the broader cryptocurrency ecosystem’s growth.

Analyst inference

The crypto market is experiencing widespread bearish sentiment, but the current decline in Bitcoin’s price is reported to be milder than in earlier cycles, according to the analyst’s observation.

Confirmed

What to watch

1. Track Bitcoin’s price path toward the $150,000 target, as reaching key milestones could trigger larger buying interest from institutions and retail investors. Proposed
2. Monitor changes in overall crypto market sentiment, because a shift from bearish to neutral could accelerate price gains and affect related digital assets. Confirmed
3. Watch regulatory developments that may impact Bitcoin’s adoption, since clearer rules could lower risk premiums and support higher valuations. Analyst inference

Affected assets

• BTC — Bitcoin

Evidence

• x.com