Bernstein: Bitcoin Debasement Trade Eyes $300K by 2029
Bernstein forecasts Bitcoin at $300000 in three years on debasement trade, with BTC trading at $78432.89 amid neutral RSI and MACD death cross on 4h chart.
SourceAnalysis
Bernstein projects the debasement trade will drive Bitcoin to $300000 within three years as fiat erosion accelerates institutional flows.
BTC price prediction models now factor sustained EMA50 support at $75181 while price holds inside Bollinger bands between $76712 and $80385.
With BTC at $78432.89 the 4h structure shows bullish EMA alignment yet MACD death cross at 930.48 signals near-term momentum fade; RSI at 56.1 leaves room before overbought territory, pointing to a probable test of the $75181 EMA50 before continuation toward upper-band resistance at $80385.
Bitcoin price forecast updates from Wall Street desks continue to embed these macro-technical confluences for 2026-2029 cycles.
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