Bernstein Is Calling $150,000 Bitcoin by December, But Prediction Markets Are Pricing $75,000

Bernstein has informed clients that Bitcoin (CRYPTO:BTC) is expected to hit $150,000 by the end of December. Currently, the coin trades at $76,941, meaning it would need to nearly double in value within 15 weeks. Traders on Polymarket, who have…

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Bernstein has informed clients that Bitcoin (CRYPTO:BTC) is expected to hit $150,000 by the end of December. Currently, the coin trades at $76,941, meaning it would need to nearly double in value within 15 weeks.

Traders on Polymarket, who have invested $65.88 million, give this prediction a mere 3% chance. So who is more accurate: Bernstein’s forecast or the crowd that §1§wagered on it?

Bernstein’s Bold Bitcoin Prediction: $150,000 by Year-End

Analyst Gautam Chhugani and his team believe Bitcoin has reached a structural bottom, saying $150,000 is their base case for the end of 2026. They further project that Bitcoin could rise to $200,000 by mid-2027 and potentially $500,000 by 2029.

For this prediction to hold true, Bitcoin would have to gain 95% from its current price of $76,941, with only 15 weeks left in the year.