Research firm Bernstein is maintaining its $150,000 forecast for Bitcoin by year-end 2026, characterizing the current market decline as the least threatening downturn in the asset’s trading history. Analysts led by Gautam Chhugani argued Monday that recent weakness stems from sentiment shifts rather than fundamental breakdowns.
The analysts rejected suggestions that artificial intelligence development undermines cryptocurrency relevance. Autonomous software agents operating in digital economies require programmable financial infrastructure that blockchain networks provide more effectively than traditional banking systems constrained by proprietary interfaces and outdated technology.
Corporate treasury concerns and potential miner capitulation drew scrutiny from the analysts, who concluded that leading firms have structured debt obligations to withstand extended downturns. Mining companies have diversified operations by redirecting power capacity toward AI data centers, reducing dependence on Bitcoin production and minimizing forced selling pressure.
The firm concluded that institutional adoption patterns, regulatory developments, and infrastructure maturity distinguish the current environment from previous bear markets. Bernstein sees no evidence suggesting the downturn threatens the asset’s trajectory beyond temporary price volatility.
Originally written by: Ayesha Aziz
Source: Coin Market Cap
Published on: 10 February 2026
Link to original article: Bernstein Sets $150,000 Bitcoin Price Target, Dismisses Structural Concerns
