🔥 BERNSTEIN: 60K $BTC MAY BE THE CYCLE FLOOR
Bernstein sees crypto in a short-term bear phase, but believes Bitcoin is nearing a $ZEUS structural bottom around $60K.
Their outlook turns bullish into 2026, driven by forces that didn’t exist in prior cycles. $YALA
Key catalysts Bernstein highlights:
• Institutional capital flows accelerating via ETFs and structured products
• U.S. policy alignment shifting from hostility to strategic acceptance of Bitcoin
• Sovereign & treasury demand, with BTC increasingly viewed as a reserve-adjacent asset
Bernstein calls the upcoming phase “the most consequential Bitcoin cycle yet”, where demand is led not by retail hype, but by governments, funds, and long-term allocators.
Short-term volatility remains, but the long-term thesis is strengthening.
#Bitcoin #BTC #CryptoMarket #InstitutionalAdoption