ℹ️ Skipped - page is already crawled
| Filter | Status | Condition | Details |
|---|---|---|---|
| HTTP status | PASS | download_http_code = 200 | HTTP 200 |
| Age cutoff | PASS | download_stamp > now() - 6 MONTH | 0.4 months ago |
| History drop | PASS | isNull(history_drop_reason) | No drop reason |
| Spam/ban | PASS | fh_dont_index != 1 AND ml_spam_score = 0 | ml_spam_score=0 |
| Canonical | PASS | meta_canonical IS NULL OR = '' OR = src_unparsed | Not set |
| Property | Value |
|---|---|
| URL | https://www.fool.com/investing/2026/02/22/1-top-cryptocurrency-to-buy-before-it-soars-120-ac/ |
| Last Crawled | 2026-04-05 05:57:43 (13 days ago) |
| First Indexed | 2026-02-22 06:01:11 (1 month ago) |
| HTTP Status Code | 200 |
| Meta Title | 1 Top Cryptocurrency to Buy Before It Soars 120%, According to a Top Wall Street Investment Firm | The Motley Fool |
| Meta Description | After five months of steady selling pressure, Bitcoin could be ready to rebound. |
| Meta Canonical | null |
| Boilerpipe Text | As many analysts are slashing their 2026 price targets for
Bitcoin
(
BTC
+0.25%
)
, one top Wall Street investment firm is not. According to
Bernstein
, Bitcoin could still hit $150,000 by the end of the year.
Obviously, a lot needs to go right for Bitcoin for that to happen. But the world's top cryptocurrency is capable of soaring in price by 120% this year. Here's why.
"The weakest bear case in history"
Throughout its history, Bitcoin has experienced a number of boom-and-bust cycles. Typically, three years of boom are followed by one year of bust. Almost like clockwork, the price of Bitcoin collapses by more than 50% every four years. It happened in 2014, 2018, and 2022. And it now looks like it is happening in 2026. That helps to explain why
market sentiment
is so low on Bitcoin right now.
BTC
Today's Change
(0.25%) $169.61
Current Price
$67063.00
But Bernstein sees it differently. According to the firm, this is the "weakest bear case in history." During previous crypto collapses, there have been insolvencies, bankruptcies, spectacular failures, and blow-ups. None of that has happened in 2026.
That's why Bernstein describes the current situation as a "crisis of confidence," and nothing more. And, to a large degree, the numbers bear this out. For example, the
Crypto Fear & Greed Index
recently dipped below 10 (out of a possible 100), indicating wide-scale panic in the market. Once the index moves out of "extreme fear" territory (a reading of 20 or higher), Bitcoin could soar in value.
Institutional adoption of Bitcoin
Institutional adoption of Bitcoin remains on track. Large asset managers and
institutional investors
continue to add Bitcoin to their portfolios. Large Wall Street firms continue to push out new Bitcoin-related products. Net inflows have returned to the
spot Bitcoin ETFs
. And Bitcoin treasury companies continue to buy Bitcoin (albeit at a scaled-back rate).
Image source: Getty Images.
All thisÂ
suggests that theÂ
core investment thesis
for Bitcoin remains
 valid. Now is no time to give up on Bitcoin, which has been the top-performing asset in the world for much of the past decade. It has routinely delivered triple-digit returns, and the price of Bitcoin has grown exponentially over the past 15 years.
Is Bitcoin a risk asset or a safe-haven asset?
It's also undeniable that Bitcoin has lost some of its luster as "digital gold." Just 12 months ago, hedge fund managers were extolling the virtues of Bitcoin as a potential safe-haven asset. Some even compared it to gold as a long-term store of value.
Bitcoin / U.S. dollar chart
by TradingView
But ever since October, the price of
gold
-- as measured by the performance of the
iShares Gold Trust
(
IAU
1.94%
)
-- has skyrocketed in value, while Bitcoin has nosedived. The two assets are now moving in completely opposite directions, and it's easy to see why money is moving out of Bitcoin and into gold. Even Bernstein acknowledges that Bitcoin is now trading like a "liquidity-sensitive risk asset."
But that's what's needed for Bitcoin to break out and deliver truly explosive upside potential. By the halfway point of 2026, I fully expect market sentiment on Bitcoin to shift. As long as Bitcoin can tread water for the next few months, it's capable of doubling in value to hit $150,000 by the end of the year. |
| Markdown | [Accessibility Menu](https://www.fool.com/investing/2026/02/22/1-top-cryptocurrency-to-buy-before-it-soars-120-ac/)
Search for a company
[Accessibility](https://www.fool.com/investing/2026/02/22/1-top-cryptocurrency-to-buy-before-it-soars-120-ac/)
Log In
[Help](https://support.fool.com/)
[](https://www.fool.com/)
- Our Services
[All Services](https://www.fool.com/services/)[Stock Advisor](https://www.fool.com/services/stock-advisor/)[Epic](https://www.fool.com/services/epic/)[Epic Plus](https://www.fool.com/services/epic-plus/)[Fool Portfolios](https://www.fool.com/services/fool-portfolios/)[Fool One](https://www.fool.com/services/one/)[All Podcasts](https://www.fool.com/podcasts/)[Motley Fool Money Podcast](https://www.fool.com/podcasts/motley-fool-money/)[Rule Breaker Investing Podcast](https://www.fool.com/podcasts/rule-breaker-investing/)[The Motley Fool Foundation](https://foolfoundation.org/)
- Stock Market News
[Live Coverage](https://www.fool.com/investing/live-coverage/)[Trending News](https://www.fool.com/trending-news/)[Stock Market News](https://www.fool.com/investing-news/)[Market Movers](https://www.fool.com/market-movers/)[Tech Stock News](https://www.fool.com/tech-stock-news/)[Market Trends](https://www.fool.com/market-trends/)[Crypto News](https://www.fool.com/crypto-news/)[Stock Market Indexes Today](https://www.fool.com/markets/)[Most Active Stocks Today](https://www.fool.com/markets/most-active-stocks/)[Today's Biggest Stock Gainers](https://www.fool.com/markets/top-stock-gainers/)[Today's Biggest Stock Losers](https://www.fool.com/markets/top-stock-losers/)[Stock Quotes by Exchange](https://www.fool.com/quote/)[Market Research](https://www.fool.com/research/)[📨 Breakfast News](https://www.fool.com/investing/breakfast-news/)[Top Stocks to Buy Now](https://www.fool.com/investing/top-stocks-to-buy-and-hold/)[Best ETFs to Buy](https://www.fool.com/investing/how-to-invest/etfs/etfs-to-buy/)[Best AI Stocks](https://www.fool.com/investing/stock-market/market-sectors/information-technology/ai-stocks/)[Best Growth Stocks](https://www.fool.com/investing/stock-market/types-of-stocks/growth-stocks/)[Dividend Kings](https://www.fool.com/investing/stock-market/types-of-stocks/dividend-stocks/dividend-kings/)[Best Index Funds](https://www.fool.com/investing/how-to-invest/index-funds/best-index-funds/)[Next Cryptos to Explode](https://www.fool.com/investing/stock-market/market-sectors/financials/cryptocurrency-stocks/next-crypto-to-explode/)[Technology](https://www.fool.com/investing/stock-market/market-sectors/information-technology/)[Energy](https://www.fool.com/investing/stock-market/market-sectors/energy/)[Real Estate](https://www.fool.com/investing/stock-market/market-sectors/real-estate-investing/)[Healthcare](https://www.fool.com/investing/stock-market/market-sectors/healthcare/)[Consumer Goods](https://www.fool.com/investing/stock-market/market-sectors/consumer-staples/)[Materials](https://www.fool.com/investing/stock-market/market-sectors/materials/)[Industrials](https://www.fool.com/investing/stock-market/market-sectors/industrials/)
- How to Invest
[How to Invest Money](https://www.fool.com/investing/how-to-invest/)[What to Invest In](https://www.fool.com/investing/how-to-invest/what-to-invest-in/)[How to Invest in Stocks](https://www.fool.com/investing/how-to-invest/stocks/)[How to Invest in ETFs](https://www.fool.com/investing/how-to-invest/etfs/)[How to Invest in Index Funds](https://www.fool.com/investing/how-to-invest/index-funds/)[How to Invest in Bonds](https://www.fool.com/investing/how-to-invest/bonds/)[Financial Dictionary](https://www.fool.com/terms/)[Stock Market 101](https://www.fool.com/investing/stock-market/)[Types of Stocks](https://www.fool.com/investing/stock-market/types-of-stocks/)[Stock Market Sectors](https://www.fool.com/investing/stock-market/market-sectors/)[Stock Market Indexes](https://www.fool.com/investing/stock-market/indexes/)[What Are Stock Splits?](https://www.fool.com/terms/s/stock-split/)[What Is Compound Interest?](https://www.fool.com/investing/how-to-invest/stocks/compound-interest-accounts/)[After Hours Trading](https://www.fool.com/terms/a/after-hours-trading/)[How to Buy Stock](https://www.fool.com/investing/how-to-invest/stocks/how-to-buy-stock/)[Best Brokers for Beginners](https://www.fool.com/money/buying-stocks/best-online-stock-brokers-for-beginners/)[Best Brokerage Accounts](https://www.fool.com/money/buying-stocks/)[Good Time to Buy Stocks](https://www.fool.com/investing/how-to-invest/stocks/good-time-to-buy-stocks/)[How Many Shares to Buy?](https://www.fool.com/investing/how-to-invest/stocks/how-many-shares-buy-stock/)[Portfolio Diversification](https://www.fool.com/investing/how-to-invest/portfolio-diversification/)[How to Invest \$100](https://www.fool.com/investing/how-to-invest/how-to-invest-100-dollars/)[Magnificent Seven Companies](https://www.fool.com/investing/how-to-invest/stocks/magnificent-seven/)[Warren Buffett Investments](https://www.fool.com/investing/how-to-invest/famous-investors/warren-buffett-investments/)[Investing in ChatGPT](https://www.fool.com/investing/stock-market/market-sectors/information-technology/ai-stocks/chatgpt/)[Investing in SpaceX](https://www.fool.com/investing/how-to-invest/stocks/how-to-invest-in-spacex-stock/)[Investing in OpenAI](https://www.fool.com/investing/how-to-invest/stocks/how-to-invest-in-openai-stock/)[Investing in Nvidia](https://www.fool.com/investing/how-to-invest/stocks/how-to-invest-in-nvidia-stock/)[Investing in Databricks](https://www.fool.com/investing/how-to-invest/stocks/how-to-invest-in-databricks/)
- Retirement
[Retirement News](https://www.fool.com/retirement-news/)[Retirement 101](https://www.fool.com/retirement/)[Types of Retirement Accounts](https://www.fool.com/retirement/plans/)[How to Contribute to 401k/IRA?](https://www.fool.com/retirement/plans/401k/contribute-to-401k-and-ira/)[Strategies to Save for Retirement](https://www.fool.com/retirement/strategies/)[Asset Allocation for My Age](https://www.fool.com/retirement/strategies/asset-allocation-by-age/)[Best IRA Brokerage Accounts](https://www.fool.com/money/buying-stocks/best-ira-accounts/)[Social Security 101](https://www.fool.com/retirement/social-security/)[How to Maximize Social Security?](https://www.fool.com/retirement/social-security/how-to-maximize-social-security/)[Full Retirement Age](https://www.fool.com/retirement/social-security/full-retirement-age/)[COLAs](https://www.fool.com/retirement/social-security/colas/)[Calculate Your SS Benefits](https://www.fool.com/retirement/social-security/benefits-formula/)[Collecting Spousal Benefits](https://www.fool.com/retirement/social-security/spousal-benefits/)[Maximize Social Security Benefit](https://www.fool.com/retirement/social-security/how-to-maximize-social-security/)[How Much Do I Need to Retire?](https://www.fool.com/retirement/how-much-do-i-need/)[When To Retire](https://www.fool.com/retirement/strategies/when-can-i-retire/)[401(k) Plans](https://www.fool.com/retirement/plans/401k/)[403(b) Plans](https://www.fool.com/retirement/plans/403b/)[Roth IRA Plans](https://www.fool.com/retirement/plans/roth-ira/)[IRA Plans](https://www.fool.com/retirement/plans/ira/)[HSA Plans](https://www.fool.com/retirement/plans/hsa/)[Complete Retirement Guide](https://www.fool.com/retirement/complete-guide/)[Best & Worst States to Retire](https://www.fool.com/research/best-states-to-retire/)[Average Retirement Savings](https://www.fool.com/research/average-retirement-savings/)[Moving for Retirement](https://www.fool.com/retirement/relocation/)[Healthcare in Retirement](https://www.fool.com/retirement/healthcare-in-retirement/)[Understanding Taxes in Retirement](https://www.fool.com/retirement/taxes/)[401(k) Minimum Distributions](https://www.fool.com/retirement/plans/401k/required-minimum-distributions/)
- Personal Finance
[Best Credit Cards](https://www.fool.com/money/credit-cards/best-credit-cards/)[Compare Credit Cards](https://www.fool.com/money/credit-cards/compare-cards/)[Credit Card Reviews](https://www.fool.com/money/credit-cards/reviews/)[Credit Card Guides and Tools](https://www.fool.com/money/credit-cards/guides-tools/)[Best Savings Accounts](https://www.fool.com/money/banks/savings-accounts/best-savings-accounts/)[Bank Reviews](https://www.fool.com/money/banks/reviews/)[Best Personal Loans](https://www.fool.com/money/personal-loans/)[Personal Loan Reviews](https://www.fool.com/money/personal-loans/reviews/)[Best Mortgage Lenders](https://www.fool.com/money/mortgages/best-mortgage-lenders/)[Current Mortgage Rates](https://www.fool.com/money/mortgages/rates/)[Mortgage Lender Reviews](https://www.fool.com/money/mortgages/reviews/)[Guide to Mortgages](https://www.fool.com/money/mortgages/)[Auto Insurance](https://www.fool.com/money/insurance/auto/)[Home Insurance](https://www.fool.com/money/insurance/homeowners/)[Life Insurance](https://www.fool.com/money/insurance/life/)
- About Us
[About Us](https://www.fool.com/about/)[Contact Us](https://www.fool.com/contact/customer-service/)[Investing Philosophy](https://www.fool.com/about/investing-philosophy/)[Motley Fool Money](https://www.fool.com/money/)[The Motley Fool Foundation](https://foolfoundation.org/)[Reviews](https://www.fool.com/about/reviews/)[Newsroom](https://www.fool.com/contact/newsroom/)[YouTube](https://www.youtube.com/channel/UCpRQuynBX9Qy9tPrcswpPag)[LinkedIn](https://www.linkedin.com/company/the-motley-fool/)[X](https://x.com/themotleyfool)[Facebook](https://www.facebook.com/themotleyfool/)[Instagram](https://www.instagram.com/themotleyfoolofficial/)[Discussion Boards](https://discussion.fool.com/)[CAPS - Stock Picking Community](https://caps.fool.com/)[Advertise With Us](https://www.fool.com/advertising/)[Become an Affiliate Partner](https://www.fool.com/affiliates/)[Publishing Standards](https://www.fool.com/about/the-motley-fools-publishing-standards/)[All Services](https://www.fool.com/services/)[Stock Advisor](https://www.fool.com/services/stock-advisor/)[Epic](https://www.fool.com/services/epic/)[Epic Plus](https://www.fool.com/services/epic-plus/)[Fool Portfolios](https://www.fool.com/services/fool-portfolios/)[Fool One](https://www.fool.com/services/one/)
- [Top 10 Stocks to Buy Now ›](https://api.fool.com/infotron/splitter/route/article-template-button?apikey=5c8e52dd-1bea-455e-87f5-d5506e590f21)
[Top 10 Stocks to Buy Now ›](https://api.fool.com/infotron/splitter/route/article-template-button?apikey=5c8e52dd-1bea-455e-87f5-d5506e590f21)
[S\&P 500 6,582.69+0.1% +7.37](https://www.fool.com/quote/snpindex/^gspc/)
[DJI 46,504.67-0.1% -61.07](https://www.fool.com/quote/djindices/^dji/)
[NASDAQ 21,879.18+0.2% +38.23](https://www.fool.com/quote/nasdaqindex/^ixic/)
[Bitcoin \$67,063.00+0.3% +\$169.61](https://www.fool.com/quote/crypto/btc/)
[AMZN \$209.77-0.4% -\$0.80](https://www.fool.com/quote/nasdaq/amzn/)
[GOOG \$294.46-0.1% -\$0.44](https://www.fool.com/quote/nasdaq/goog/)
[META \$574.46-0.8% -\$4.77](https://www.fool.com/quote/nasdaq/meta/)
[MSFT \$373.46+1.1% +\$4.09](https://www.fool.com/quote/nasdaq/msft/)
[NVDA \$177.28+0.9% +\$1.53](https://www.fool.com/quote/nasdaq/nvda/)
[TSLA \$360.45-5.5% -\$20.81](https://www.fool.com/quote/nasdaq/tsla/)
[Most Active Stocks](https://www.fool.com/markets/most-active-stocks/)[Daily Stock Gainers](https://www.fool.com/markets/top-stock-gainers/)[Daily Stock Losers](https://www.fool.com/markets/top-stock-losers/)
[Most Active Stocks](https://www.fool.com/markets/most-active-stocks/)[Daily Stock Gainers](https://www.fool.com/markets/top-stock-gainers/)[Daily Stock Losers](https://www.fool.com/markets/top-stock-losers/)
Free Article[Explore Premium Services](https://www.fool.com/services/)
# 1 Top Cryptocurrency to Buy Before It Soars 120%, According to a Top Wall Street Investment Firm
After five months of steady selling pressure, Bitcoin could be ready to rebound.
By [Dominic Basulto](https://www.fool.com/author/20546/) – Feb 22, 2026 at 12:30AM EST
[Follow us](https://profile.google.com/cp/CgkvbS8wNTc4bWs)
Share
Summarize with AI
## Key Points
- At a price of \$68,000, Bitcoin is now down 46% from its all-time high in October.
- While market sentiment on crypto has taken a nosedive, the fundamental investment thesis for Bitcoin remains intact.
- As long as the pace of institutional adoption remains steady, Bitcoin could double in value this year.
As many analysts are slashing their 2026 price targets for **Bitcoin** ([BTC](https://www.fool.com/quote/crypto/btc/) \+0.25%), one top Wall Street investment firm is not. According to **Bernstein**, Bitcoin could still hit \$150,000 by the end of the year.
Obviously, a lot needs to go right for Bitcoin for that to happen. But the world's top cryptocurrency is capable of soaring in price by 120% this year. Here's why.
## "The weakest bear case in history"
Throughout its history, Bitcoin has experienced a number of boom-and-bust cycles. Typically, three years of boom are followed by one year of bust. Almost like clockwork, the price of Bitcoin collapses by more than 50% every four years. It happened in 2014, 2018, and 2022. And it now looks like it is happening in 2026. That helps to explain why [market sentiment](https://www.fool.com/terms/m/market-sentiment/) is so low on Bitcoin right now.
Collapse
BTC
## [CRYPTO: BTC](https://www.fool.com/quote/crypto/btc/)
Bitcoin
Today's Change
(0.25%) \$169.61
Current Price
\$67063.00
Unable to reach the data service. Please check your connection.
YTD
1w
1m
3m
6m
1y
5y
Price
VS S\&P
### Key Data Points
Market Cap
\$1.3T
Day's Range
\$66894.00 - \$67470.00
52wk Range
\$60255.56 - \$126079.89
Volume
17B
But Bernstein sees it differently. According to the firm, this is the "weakest bear case in history." During previous crypto collapses, there have been insolvencies, bankruptcies, spectacular failures, and blow-ups. None of that has happened in 2026.
That's why Bernstein describes the current situation as a "crisis of confidence," and nothing more. And, to a large degree, the numbers bear this out. For example, the [Crypto Fear & Greed Index](https://www.fool.com/terms/f/fear-and-greed-index/) recently dipped below 10 (out of a possible 100), indicating wide-scale panic in the market. Once the index moves out of "extreme fear" territory (a reading of 20 or higher), Bitcoin could soar in value.
## Institutional adoption of Bitcoin
Institutional adoption of Bitcoin remains on track. Large asset managers and [institutional investors](https://www.fool.com/terms/i/institutional-investor/) continue to add Bitcoin to their portfolios. Large Wall Street firms continue to push out new Bitcoin-related products. Net inflows have returned to the [spot Bitcoin ETFs](https://www.fool.com/terms/s/spot-bitcoin-etf/). And Bitcoin treasury companies continue to buy Bitcoin (albeit at a scaled-back rate).

Image source: Getty Images.
All this suggests that the [core investment thesis](https://www.fool.com/terms/i/investment-thesis/) for Bitcoin remains valid. Now is no time to give up on Bitcoin, which has been the top-performing asset in the world for much of the past decade. It has routinely delivered triple-digit returns, and the price of Bitcoin has grown exponentially over the past 15 years.
## Is Bitcoin a risk asset or a safe-haven asset?
It's also undeniable that Bitcoin has lost some of its luster as "digital gold." Just 12 months ago, hedge fund managers were extolling the virtues of Bitcoin as a potential safe-haven asset. Some even compared it to gold as a long-term store of value.

[Bitcoin / U.S. dollar chart](https://www.tradingview.com/symbols/BTCUSD/) by TradingView
But ever since October, the price of [gold](https://www.fool.com/investing/stock-market/market-sectors/materials/gold-stocks/gold-etfs/) -- as measured by the performance of the **iShares Gold Trust** ([IAU](https://www.fool.com/quote/nysemkt/iau/) 1\.94%) -- has skyrocketed in value, while Bitcoin has nosedived. The two assets are now moving in completely opposite directions, and it's easy to see why money is moving out of Bitcoin and into gold. Even Bernstein acknowledges that Bitcoin is now trading like a "liquidity-sensitive risk asset."
But that's what's needed for Bitcoin to break out and deliver truly explosive upside potential. By the halfway point of 2026, I fully expect market sentiment on Bitcoin to shift. As long as Bitcoin can tread water for the next few months, it's capable of doubling in value to hit \$150,000 by the end of the year.
## Read Next
Apr 4, 2026
•By [Emma Newbery](https://www.fool.com/author/20301/)
[Goldman Sachs Says Bitcoin Bottom Is Near. Is It Time to Buy?](https://www.fool.com/investing/2026/04/04/goldman-sachs-says-bitcoin-bottom-is-near-is-it-ti/)
Apr 3, 2026
•By [Dominic Basulto](https://www.fool.com/author/20546/)
[Should You Buy Bitcoin While It's Under \$100,000? Here's What Prediction Markets Think](https://www.fool.com/investing/2026/04/03/should-you-buy-bitcoin-while-its-under-100000-here/)
Apr 3, 2026
•By [Lyle Daly](https://www.fool.com/author/20014/)
[The Beginner's Guide to Buying Your First Cryptocurrency](https://www.fool.com/investing/2026/04/03/beginners-guide-to-buying-first-cryptocurrency/)
Apr 1, 2026
•By [Lyle Daly](https://www.fool.com/author/20014/)
[Crypto Is Crashing Again. Here's What to Do With Your Portfolio.](https://www.fool.com/investing/2026/04/01/crypto-crashing-again-what-to-do-with-portfolio/)
Mar 30, 2026
•By [Reuben Gregg Brewer](https://www.fool.com/author/2110/)
[After Crashing 45% in 180 Days, Is Bitcoin Still a Buy?](https://www.fool.com/investing/2026/03/30/after-crashing-45-in-180-days-is-bitcoin-still-a-b/)
Mar 30, 2026
•By [Lyle Daly](https://www.fool.com/author/20014/)
[The No. 1 Crypto Mistake Young Investors Make](https://www.fool.com/investing/2026/03/30/the-no-1-crypto-mistake-young-investors-make/)
### About the Author

Dominic Basulto is a contributing Motley Fool crypto analyst covering cryptocurrencies, digital assets, and crypto-related companies. Prior to The Motley Fool, Dominic was a technology and innovation journalist at The Washington Post and Fortune. He holds a bachelor’s degree in politics from Princeton University and an MBA in finance from Yale School of Management.
[TMFCryptoDom](https://www.fool.com/author/20546/)
[@dominicbasulto](https://x.com/dominicbasulto)
*[Dominic Basulto](https://www.fool.com/author/20546/) has positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has a [disclosure policy](https://www.fool.com/legal/fool-disclosure-policy/).*
### Stocks Mentioned
[BT Bitcoin CRYPTO: BTC\$67,063.00 (+0.25%)+\$169.61](https://www.fool.com/quote/crypto/btc/)
[IA iShares Gold Trust NYSEMKT: IAU\$87.94 (-1.94%)-\$1.74](https://www.fool.com/quote/nysemkt/iau/)
\*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.
## Premium Investing Services
Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.
[View Premium Services](https://www.fool.com/services/?ftm_cam=footer-services-sitewide-prospects)
[](https://www.fool.com/)
Making the world smarter, happier, and richer.
- [Facebook](https://www.facebook.com/themotleyfool)
- [Twitter](https://x.com/TheMotleyFool)
- [LinkedIn](https://www.linkedin.com/company/the-motley-fool/)
- [Pinterest](https://www.pinterest.com/themotleyfool/)
- [YouTube](https://www.youtube.com/user/TheMotleyFool)
- [Instagram](https://www.instagram.com/themotleyfoolofficial/)
- [TikTok](https://www.tiktok.com/@themotleyfoolofficial)
© 1995 - 2026 The Motley Fool. All rights reserved.
Market data powered by [Xignite](https://xignite.com/) and [Polygon.io](https://polygon.io/).
About The Motley Fool
- [About Us](https://www.fool.com/about/)
- [Careers](https://careers.fool.com/)
- [Research](https://www.fool.com/research/)
- [Newsroom](https://www.fool.com/contact/newsroom/)
- [Contact](https://www.fool.com/legal/contact-us/)
- [Advertise](https://www.fool.com/cdn-cgi/l/email-protection#f8999c9196898d918a919d8bb89e979794d69b9795)
Our Services
- [All Services](https://www.fool.com/services/)
- [Stock Advisor](https://www.fool.com/services/stock-advisor/)
- [Epic](https://www.fool.com/services/epic/)
- [Epic Plus](https://www.fool.com/services/epic-plus/)
- [Fool Portfolios](https://www.fool.com/services/fool-portfolios/)
- [Fool One](https://www.fool.com/services/one/)
- [Motley Fool Money](https://www.fool.com/money/)
Around the Globe
- [Fool UK](https://www.fool.co.uk/)
- [Fool Australia](https://www.fool.com.au/)
- [Fool Canada](https://www.fool.ca/)
Free Tools
- [CAPS Stock Ratings](https://caps.fool.com/)
- [Discussion Boards](https://discussion.fool.com/)
- [Calculators](https://www.fool.com/calculators/index/)
- [Financial Dictionary](https://www.fool.com/terms/)
Affiliates & Friends
- [Motley Fool Asset Management](https://www.fool.com/affiliates/mfam/)
- [Motley Fool Wealth Management](https://www.fool.com/affiliates/mfwm/)
- [Motley Fool Ventures](https://www.fool.com/affiliates/ventures/)
- [Fool Community Foundation](https://www.fool.com/affiliates/foundation/)
- [Become an Affiliate Partner](https://www.fool.com/affiliates/)
- [Terms of Use](https://www.fool.com/legal/terms-and-conditions/fool-rules/ "Terms of Use")
- [Privacy Policy](https://www.fool.com/legal/privacy-statement/ "Privacy Policy")
- [Disclosure Policy](https://www.fool.com/legal/fool-disclosure-policy/ "Disclosure Policy")
- [Accessibility Policy](https://www.fool.com/legal/accessibility-policy/ "Accessibility Policy")
- [Copyright, Trademark and Patent Information](https://www.fool.com/legal/stuff-we-own/ "Copyright, Trademark and Patent Information")
- [Terms and Conditions](https://www.fool.com/legal/terms-and-conditions/ "Terms and Conditions")
- [Do Not Sell My Personal Information](https://www.fool.com/data-protection/ccpa-update/ "Do Not Sell My Personal Information") |
| Readable Markdown | As many analysts are slashing their 2026 price targets for **Bitcoin** ([BTC](https://www.fool.com/quote/crypto/btc/) \+0.25%), one top Wall Street investment firm is not. According to **Bernstein**, Bitcoin could still hit \$150,000 by the end of the year.
Obviously, a lot needs to go right for Bitcoin for that to happen. But the world's top cryptocurrency is capable of soaring in price by 120% this year. Here's why.
## "The weakest bear case in history"
Throughout its history, Bitcoin has experienced a number of boom-and-bust cycles. Typically, three years of boom are followed by one year of bust. Almost like clockwork, the price of Bitcoin collapses by more than 50% every four years. It happened in 2014, 2018, and 2022. And it now looks like it is happening in 2026. That helps to explain why [market sentiment](https://www.fool.com/terms/m/market-sentiment/) is so low on Bitcoin right now.
BTC
Today's Change
(0.25%) \$169.61
Current Price
\$67063.00
But Bernstein sees it differently. According to the firm, this is the "weakest bear case in history." During previous crypto collapses, there have been insolvencies, bankruptcies, spectacular failures, and blow-ups. None of that has happened in 2026.
That's why Bernstein describes the current situation as a "crisis of confidence," and nothing more. And, to a large degree, the numbers bear this out. For example, the [Crypto Fear & Greed Index](https://www.fool.com/terms/f/fear-and-greed-index/) recently dipped below 10 (out of a possible 100), indicating wide-scale panic in the market. Once the index moves out of "extreme fear" territory (a reading of 20 or higher), Bitcoin could soar in value.
## Institutional adoption of Bitcoin
Institutional adoption of Bitcoin remains on track. Large asset managers and [institutional investors](https://www.fool.com/terms/i/institutional-investor/) continue to add Bitcoin to their portfolios. Large Wall Street firms continue to push out new Bitcoin-related products. Net inflows have returned to the [spot Bitcoin ETFs](https://www.fool.com/terms/s/spot-bitcoin-etf/). And Bitcoin treasury companies continue to buy Bitcoin (albeit at a scaled-back rate).

Image source: Getty Images.
All this suggests that the [core investment thesis](https://www.fool.com/terms/i/investment-thesis/) for Bitcoin remains valid. Now is no time to give up on Bitcoin, which has been the top-performing asset in the world for much of the past decade. It has routinely delivered triple-digit returns, and the price of Bitcoin has grown exponentially over the past 15 years.
## Is Bitcoin a risk asset or a safe-haven asset?
It's also undeniable that Bitcoin has lost some of its luster as "digital gold." Just 12 months ago, hedge fund managers were extolling the virtues of Bitcoin as a potential safe-haven asset. Some even compared it to gold as a long-term store of value.

[Bitcoin / U.S. dollar chart](https://www.tradingview.com/symbols/BTCUSD/) by TradingView
But ever since October, the price of [gold](https://www.fool.com/investing/stock-market/market-sectors/materials/gold-stocks/gold-etfs/) -- as measured by the performance of the **iShares Gold Trust** ([IAU](https://www.fool.com/quote/nysemkt/iau/) 1\.94%) -- has skyrocketed in value, while Bitcoin has nosedived. The two assets are now moving in completely opposite directions, and it's easy to see why money is moving out of Bitcoin and into gold. Even Bernstein acknowledges that Bitcoin is now trading like a "liquidity-sensitive risk asset."
But that's what's needed for Bitcoin to break out and deliver truly explosive upside potential. By the halfway point of 2026, I fully expect market sentiment on Bitcoin to shift. As long as Bitcoin can tread water for the next few months, it's capable of doubling in value to hit \$150,000 by the end of the year. |
| Shard | 88 (laksa) |
| Root Hash | 16263700115757751488 |
| Unparsed URL | com,fool!www,/investing/2026/02/22/1-top-cryptocurrency-to-buy-before-it-soars-120-ac/ s443 |