$BTC Institutions are playing hard this time: retail investors sell at a loss and they take over, is the $200,000 target just hype or actually attractive?

The "four-year cycle theory" of Bitcoin has been proven wrong. Bernstein recently announced directly: this bull market will be extended. Retail investors panicked over a 30% drop and sold off like crazy, while institutions were quietly scooping up in the background—ETF outflows are less than 5%, these guys aren’t flinching at all.

What’s even more outrageous is their target price: aiming for $150,000 in 2026, $200,000 in 2027, and by the way, casually throwing out $1 million by 2033. Bitcoin used to be stuck in a "halving—soar—crash" death loop, but now institutions have forcibly turned it into a "long-term allocation asset." Retail panic selling? To institutions, that’s just a warm welcome.

This move is pretty interesting: they filter out volatility as noise and hoard Bitcoin like gold. The market drops 30%, institutions double down—this isn’t trading, it’s a competition to lock in and hoard.

But here’s the question—does Bernstein truly see a future trend, or are they just creating FOMO with high expectations? Will institutions really wait until 2027, or will they pump and dump halfway through? Is this $200,000 dream just wishful thinking, or could it actually come true? Share your thoughts in the comments.