Bitcoin (BTC-USD) hit a record high last week, but analysts at Bernstein think the current crypto bull market could see the world's largest cryptocurrency hit an even bigger milestone in the near future: $200,000. In a note to clients published Tuesday, Gautam Chhugani and the digital assets team at Bernstein said they see bitcoin reaching its cycle peak between $150,000 and $200,000 in the next six to 12 months during what the firm is calling a "long, exhausting bull run" for crypto into 2027. "We believe we are in the middle of a digital assets revolution backed by regulatory reform," the firm wrote. "Now we ... (full story)