Bitcoin Price Prediction: Bernstein Says 4-Year Cycle Is Broken as Institutions Drive an ‘Elongated Bull Market,’ Raises 2026 Target to $150K

Bernstein, the global research and brokerage firm managing over $790 billion in assets, has declared the end of the traditional 4-year crypto cycle . The firm’s latest Bitcoin price prediction sets a $150,000 target by 2026 in what analysts describe as an “elongated bull market.” End of 4-Year Cycle and Fed Policy Could Ignite a Major Rally According to Matthew Sigel, Head of Digital Asset Research at VanEck, Bernstein stated that following the recent market correction, “ we believe the Bitcoin cycle has broken the 4-year pattern and is now in an elongated bull-cycle with more sticky institutional buying offsetting any retail panic selling.” Bernstein: "In view of recent market correction, we believe, the Bitcoin cycle has broken the 4-year pattern (cycle peaking every 4 years) and is now in an elongated bull-cycle with more sticky institutional buying offsetting any retail panic selling. Despite a ~30% Bitcoin… — matthew sigel, recovering CFA (@matthew_sigel) December 8, 2025 Despite Bitcoin’s approximately 30% correction that began in early October , the asset manager observed only about 5% outflows via ETFs, a striking indicator of institutional conviction. Bernstein expects Bitcoin to resume its bull run soon with a 2026 target of $150,000 and a potential cycle peak in 2027 at $200,000 . “Our long-term 2033 Bitcoin price target remains approximately $1,000,000,” Bernstein added. Analysts at the London Crypto Club suggest a liquidity boost from the Fed on Wednesday may serve as a powerful catalyst, potentially driving the world’s largest cryptocurrency “sharply higher.” In their latest analysis, Cryptonews revealed that David Brickell and Chris Mills present that the central bank is positioned to deliver a “dovish surprise”. “We’re moving into a continued rate-cutting cycle accompanied by balance sheet expansion as the Fed effectively turns on the money printers to monetize the deficit,” they wrote. “That’s a powerful, structural tide to be swimming against in the new year.” Bitcoin Price Prediction: Technical Structure Remains Bullish Above $78K The weekly chart shows Bitcoin holding above the critical $78,000 support level, which separates a deeper bear-market breakdown from the continuation of the macro uptrend. Price recently dipped sharply but has stabilized near the 20-week SMA, while the 50-week SMA continues to slope upward, indicating that the long-term trend remains intact despite the correction. Source: TradingView RSI momentum has cooled significantly to the mid-40s, reflecting a reset from overbought conditions without reaching the extreme oversold levels seen at major cycle bottoms. As long as Bitcoin maintains the $78,000 region, the structure suggests consolidation within a larger bull cycle. Recovery above $102,000 would demonstrate renewed strength, while clearing the $108,000 resistance zone would confirm extension into new highs. Pepenode Presale Capitalizes on Meme Coin Momentum If Bitcoin returns to bullish territory and breaks the 4-year cycle as Bernstein projects, meme coins like Pepenode (PEPENODE) could experience explosive rallies. This gamified mine-to-earn meme coin presale on Ethereum has already raised over $2.3million despite challenging market conditions. Pepenode offers virtual mining nodes and facility upgrades through a browser-based game requiring no hardware. The project is capturing the community-driven momentum that propelled PEPE to over 1,000x gains during the 2023-24 run. As adoption of the platform grows, interest in the PEPENODE token is expected to skyrocket. To secure Pepenode at the current presale price of $0.0011873, head over to the official Pepenode website and connect an Ethereum-compatible wallet such as Best Wallet . You can complete your purchase in seconds by swapping ETH, BNB, USDT, or simply using a credit or debit card. Visit the Official Pepenode Website Here The post Bitcoin Price Prediction: Bernstein Says 4-Year Cycle Is Broken as Institutions Drive an ‘Elongated Bull Market,’ Raises 2026 Target to $150K appeared first on Cryptonews .