TechFlow News, February 2, according to a report by The Block, Bernstein’s analyst team stated in its latest report that although Bitcoin is currently trading at approximately $75,000—40% below its all-time high—the current “short-term bear market cycle” in cryptocurrencies is expected to reverse within 2026. Analysts predict Bitcoin may find a floor in the $60,000 range (near the previous cycle’s peak) and is likely to establish a higher base in the first half of 2026.
The report emphasizes that the past two years have marked Bitcoin’s “institutional cycle,” with assets under management (AUM) for spot Bitcoin ETFs having grown to approximately $165 billion. Bernstein believes that institutional capital inflows, U.S. policy adjustments, and sovereign asset considerations could lay the foundation for what it calls Bitcoin’s “most important cycle.”
