Bernstein's research team just dropped a bold take: Bitcoin's infamous 4-year pattern? It's history. They're calling it now—we've transitioned into a sustained bull run that rewrites the playbook.

Their revised projections aren't shy either. They're eyeing $150K by 2026, with the cycle potentially topping out near $200K as 2027 wraps up. That's when they expect this extended rally to cool off.

Whether this thesis holds or crumbles under volatility, it's clear institutions are shifting their long-term BTC outlook.