Analysts from investment firm Bernstein believe Bitcoin's price will likely reach new highs between $150,000 and $200,000 by 2026, as the cryptocurrency market continues to grow despite a recent 5.5% price drop to around $113,000. The analysts attribute this bullish outlook to ongoing support from the White House, particularly from President Trump's initiatives to promote the U.S. as the 'crypto capital of the world.' This could alter Bitcoin's traditional four-year price cycle, which culminated in peaks of $68,000 in 2021 and $20,000 in 2017. Bernstein also anticipates an 'altcoin season' and sees Ethereum and Solana leading the next digital assets cycle as market conditions improve, driven by renewed interest in decentralized finance (DeFi) and staking. Furthermore, Bernstein raised its price target for Robinhood shares from $105 to $160, highlighting the brokerage's efforts to diversify its business model in crypto markets. With significant stablecoin reserves indicating potential future uptake, the analysts foresee a bullish atmosphere continuing through 2026.

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