Wall Street’s favorite parrot, Bernstein, has taken to squawking that Bitcoin will hit a million bucks by 2033. What’s a million? Just a fancy number, like a pig in a poke or a promise from a politician. 🤡
Bernstein Keeps $1 Million Price Target For Bitcoin
The latest twist came when Matthew Sigel, a man who probably owns more coffee than Bitcoin, shared a note from Bernstein. The analysts, ever the optimists, claimed Bitcoin’s cycle has broken free from its four-year shackles and is now a lanky, overconfident colt galloping toward glory. 🐎
“Despite a 30% crash,” they wrote, “we’ve seen less than 5% outflows. Clearly, institutional investors are more loyal than a dog with a bone.” 🐶💸 The math checks out, folks. Or does it? Who’s counting? 🤔
Back in 2024, Bernstein was all, “Hey, Bitcoin’s gonna hit $200k by 2025!” But then reality showed up with a hangover and a calculator. Now, they’re like, “Well, maybe 2027? Or 2026? Or… 2033? Same difference, right?” 🧠
What’s changed? The path, not the destination. Bernstein now claims Bitcoin’s bull run is powered by ETFs, not halvings. Because who needs a predictable cycle when you can have a “sticky” institution? 🧩
At press time, BTC was trading at $90,319-just $9,681 short of a million. A mere pittance, really. 🧾 If you believe that, I’ve got a bridge to sell you. 🏗️
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2025-12-09 20:32