Bitcoin Bull Run May Extend to 2027, Says Bernstein

Bernstein analysts predict the crypto bull market could last until 2027, significantly longer than the typical four-year cycle. The firm raised its Robinhood (HOOD) price target to $160 from $105, citing strong fundamentals across major crypto-linked stocks.

Bitcoin is expected to hit $150,000–$200,000 within the next year, but the rally is likely to broaden to Ethereum, Solana, and DeFi tokens. Coinbase (COIN) is seen as a key beneficiary of this trend.

Analysts also forecast that falling rates in late 2025 could boost demand for staking and yield products. Circle’s USDC adoption is projected to reach $173 billion by 2027, while Robinhood’s diversified model is expected to deliver 53% earnings growth over the same period.

Trading volumes are projected to surge through 2026 and peak in 2027, with the Trump administration’s pro-crypto stance providing extended support.