Following the fluctuation in the charts, the buyers of the four-year cycle story have increased and bearish scenarios for BTC are finding plenty of buyers. Bernstein analysts shared their new predictions after the decline. The bottom targets are not close to the current level, but their evaluations include other important details.
Bernstein 2026 Cryptocurrency Predictions
Bernstein Research, part of the AllianceBernstein (EU) group, is known for its comprehensive evaluations on cryptocurrencies. AllianceBernstein manages over $867 billion in assets and is valued at $5 billion. The company, which has approximately 4,850 professionals worldwide, is headquartered in Nashville, Tennessee. Approximately 68% of the company’s majority shares belong to Equitable Holdings, which originates from the French insurance giant AXA.
Bernstein’s Now that we understand that analysts are different from ordinary analysts, let’s consider their evaluations. Analysts led by Gautam Chhugani wrote in their latest note to clients that cryptocurrencies are in a short-term crypto bear cycle.
According to analysts, it is around 60 thousand dollars, which is the highest level in the last cycle. of BTC The bottom will be in 2026. Bernstein reminds that the value of BTC against gold is rapidly melting as central banks, including China and India, accelerate gold accumulation. This is among the reasons for last year’s poor performance.
Bernstein believes the last two years have been an “institutional cycle” for Bitcoin, citing total ETF inflows with treasuries exceeding $165 billion.
Kevin Warsh cryptocurrency Analysts, who believe that it will enable better relations between the industry and the Fed, now expect “Bitcoin to be taken seriously” on the Fed side. Bernstein analysts believe that, due to a combination of many factors, we are in the middle of a delayed correction rather than the beginning of the cryptocurrency winter, and are hopeful for 2026.
Bitcoin (BTC)
BTC lit its first daily green candle in four days after BTC reached its deeper bottom. It is promising that it remains around 78 thousand dollars for now, but in the short term, 82 thousand dollars must be exceeded and the ETF cost average must be exceeded. What ETF investors do will matter later today.
If ETF investors accelerate selling as a result of concerns about larger losses due to the price falling below cost, this will also push the spot price down. As a matter of fact, we mentioned that last week’s outflows turned 2026 into a net outflow year.
