Wall Street research firm Bernstein isn’t flinching at the recent red candles. Despite the gloomy market mood, leading analysts reiterated their massive $150,000 Bitcoin price target for late 2026, claiming we are currently witnessing the “weakest Bitcoin bear case in history.”
JUST IN: $779 billion Bernstein reiterates $150,000 price target for 2026.
"What we are experiencing is the weakest bitcoin bear case in its history” 🙌 pic.twitter.com/HXhsA3uHXm
— Bitcoin Magazine (@BitcoinMagazine) February 9, 2026
This doubling down from Bernstein comes as the Bitcoin price briefly regained $70,000 over the weekend but has opened Monday’s trading session by falling to roughly $69,100.
However, after a green weekend, the total crypto market cap dropped 3% overnight, taking it below $2.5 trillion once more, although there is optimism that $60,000 will mark the bottom for BTC USD.
Why Bernstein’s Bitcoin Price Call Matters For Investors
Why should you care what Bernstein thinks? They aren’t just a random Twitter anon posting charts; they are a brokerage giant managing roughly $850Bn in assets.
They don’t just throw out price targets out of nowhere; they have an experienced analyst team led by Gautam Chhugani, who uses a wealth of data and technical models to reach their conclusions.
Their analysts argue that the current Bitcoin price slump isn’t because the underlying principles behind Bitcoin have failed, but rather that the current macroeconomic situation is spooking investors, which has, in turn, sparked a crisis of confidence in the $1.3 trillion digital asset.
Bernstein believes the underlying system is healthier than ever, even if the price chart looks ugly right now. To them, this is a liquidity issue, meaning there’s less cash floating around momentarily, rather than a sign that Bitcoin is dead.
DISCOVER: Top 20 Crypto to Buy in June 2026
What Bernstein Sees That Bears Are Missing Regarding BTC USD Calls
Chhugani points out that the usual suspects for a crypto crash, such as massive exchange failures, over-extended leveraged positions, or government bans, are completely absent during this recent crypto crash.
Instead, they see a lineup of positive “stars” that remain aligned: a pro-Bitcoin US administration, the robust Spot ETF infrastructure, and corporate treasuries buying BTC USD.
Why Bernstein thinks $150K $BTC by end of 2026 is still on the table, explained in 3 minutes.
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Everyone's doom-scrolling through the drawdown.
But a highly respected research team just dropped a note calling this the "weakest bear case" in… pic.twitter.com/tJKcHyaqYB
— Milk Road (@MilkRoad) February 9, 2026
In a note to clients on Monday, the analysts note that the media is busy writing Bitcoin’s obituary again, claiming the world has moved on to AI. Bernstein calls this a “self-imposed crisis” and argues that Bitcoin actually complements AI by serving as the digital currency for future software agents. As they put it: “Time remains a flat circle on Bitcoin.”
They also dismissed fears that miners would go bankrupt or that companies like Michael Saylor’s Strategy would be forced to panic sell. According to their research, BTC USD would need to crash to $8,000 and stay there for five years to really threaten the balance sheets of these major holders.
With Bernstein seemingly signaling that the recent Bitcoin price action is temporary and that better days are ahead, the Bitcoin Hyper (HYPER) presale could be the perfect play for bulls betting on a strong crypto rebound in 2026.
BONUS: Bitcoin Hyper (HYPER) is an Early Contender for Best Blue Chip Crypto Play in 2026
Bitcoin Hyper (HYPER) is one of the most talked-about crypto presales of 2025–26, raising over $31.3M to date, and is designed to bring Layer-2 scalability and DeFi functionality to the Bitcoin ecosystem.
Built on a high-throughput sidechain architecture using the Solana Virtual Machine (SVM), HYPER aims to enable near-instant, low-fee BTC transactions, smart contracts, staking, and on-chain apps, addressing long-standing limitations of Bitcoin’s base layer.
Since its May 2025 launch, the presale has raised over $31 million with prices rising in staged tiers to reward early supporters. HYPER’s utility token will power governance, gas, and staking rewards across the network, setting the stage for broader ecosystem growth.
With Bernstein analysts still forecasting Bitcoin price to hit $150,000 at some point in 2026, many see HYPER as a speculative way to gain early exposure to Bitcoin-adjacent infrastructure innovation, especially with its 37% staking rewards as a bonus.
If BTC continues to climb from its $60,000 bottom as we move deeper into 2026, projects like Bitcoin Hyper could benefit from heightened interest in scaled, programmable Bitcoin solutions.
Join the Bitcoin Hyper community on Telegram and X and stay up to date with everything HYPER.
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