Bernstein: Bitcoin could reach $150,000 by 2026, recommends buying cryptocurrency company stocks on dips

According to Odaily, Bernstein analyst Gautam Chhugani is optimistic about the outlook for the cryptocurrency market in 2026 and recommends buying cryptocurrency company stocks on dips. The related analysis includes:

1. 2026 Outlook: The tokenization supercycle will dominate. Bitcoin will rebound from its bottom, with a target price of $150,000 (2026) and a peak of $200,000 (2027).

2. Stablecoins: Supply will increase by 56% to $420 billions, with payment and fintech companies such as Block, Revolut, and PayPal strongly supporting stablecoins.

3. RWA Tokenization: TVL will rise from $37 billions to $80 billions, and banks will participate in this field.

4. Prediction Markets: Trading volume will grow by 100% to $70 billions (with revenue potentially reaching $1.4 billions). Platforms such as Kalshi, Robinhood, and certain exchanges will receive regulatory support.