Wall Street Giant Bernstein Predicts Bitcoin Price To Hit $1 Million By 2033

Wall Street research firm Bernstein has reiterated one of the boldest long-term calls in traditional finance, confirming a $1 million Bitcoin price target for 2033 while materially revising how and when it expects the market to get there. Bernstein Keeps $1 Million Price Target For Bitcoin The latest shift surfaced after Matthew Sigel, head of digital assets research at VanEck, shared an excerpt from a new Bernstein note on X. In it, the analysts write: “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. ” The analyst from Bernstein added: “Despite a ~30% Bitcoin correction, we have seen less than 5% outflows via ETFs source: https://www.newsbtc.com/bitcoin-news/wall-street-giant-bernstein-bitcoin-price-1-million-2033/