Foreign media commentators believe that after Bitcoin briefly recovered to $87,000 recently, market expectations for another strengthening within the year are on the rise. The article cites the judgment of an analyst from Bernstein stating that if Bitcoin returns to $100,000 by the end of this year, other crypto assets may follow suit and drive a broader market upturn.

Bernstein sets annual targets

As mentioned in the text, analyst Bernstein expects that Bitcoin is likely to regain the $100,000 mark by the end of this year. Since Bitcoin remains a core asset in the crypto market, its price trend often affects the performance of other tokens.

According to this logic, if Bitcoin breaks through a key integer level again, market risk appetite may improve accordingly, and funds could also flow back into a broader range of crypto assets.

The article is based on a four-year cycle.

This commentary also links each major upward movement of Bitcoin with a four-year cycle. It mentions that Bitcoin reached new highs in 2017, 2021, and 2025, so some market participants expect that this pattern may continue, with the next high point possibly appearing in 2029.

The article further speculates that if this cycle is confirmed, a new round of upward movement could begin at the end of 2026 to the beginning of 2027. However, this part of the content is based on historical trends and is not a market fact that has already occurred.

The core judgment is that the bottom of the callback has risen.

The article argues that the key focus of this market cycle is not just where the highs can go, but whether the price center will continue to rise after the next round of adjustment. It mentions that Bitcoin once fell to around $62,000 earlier this year, close to but below its high of around $68,000 in 2021.

Based on this, the author infers that if a similar pattern continues, then the subsequent pullback range after the next round of significant gains could also be higher than in previous cycles. The article even proposes a judgment: Bitcoin may maintain a price above $100,000 in the long term.

• The recent price mentioned in the text is approximately $87,000.
• The annual target set by Bernstein is $100,000.
• The article assumes the next peak value to be: $126,000

FTX is considered to be the cause of the previous round of extreme declines.

For the drop of Bitcoin to around $15,000 in 2022, the article attributed it to the extreme event of the FTX collapse and believed that a similar shock might not occur again. Therefore, the author sees the next potential upward trend as an opportunity that market participants would not want to miss.

However, the core of the entire text remains based on foreign media comments and market speculation, mainly relying on historical price patterns and institutional expectations, without providing any new on-chain data or policy-related catalyst information.