Although the leading cryptocurrency Bitcoin (BTC) made a strong start to 2026 by rising above $90,000, it has still not recovered from the downward trend that began in October.
While Bitcoin struggles to overcome key resistance points, both bearish and bullish predictions are emerging, with the latest analysis coming from Bernstein.
Bernstein, a prominent figure on Wall Street, stated that Bitcoin and cryptocurrencies have likely bottomed out following the declines expected in the final months of 2025.
Analysts also stated that they foresee a widespread tokenization boom that will reshape finance.
According to Coindesk, Bernstein analysts expect a tokenization ‘supercycle’ in 2026 encompassing stablecoins, capital markets, and prediction markets.
Gautam Chhugani, Bernstein Global Digital Assets Analyst, who also predicted a bottom for Bitcoin, said, “We believe Bitcoin and the broader digital asset market have reached their bottom.”
The institution stated that the supercycle situation has extended the bull market, and added that it maintains its target of $150,000 for Bitcoin in 2026 and $200,000 in 2027.
*This is not investment advice.
