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The Block (@TheBlockCo): THE BLOCK: Bernstein expects bitcoin to reach a new all-time high of $150,000 by mid-2027 as the "debasement trade" emerges, before peaking around $30…

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THE BLOCK: Bernstein expects bitcoin to reach a new all-time high of $150,000 by mid-2027 as the "debasement trade" emerges, before peaking around $300,000 in 2029. $BTC The firm maintained its Outperform rating on Strategy but cut its price target to $350 from $450, citing its updated bitcoin cycle outlook and accelerated equity dilution. $MSTR

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