Bernstein analysts project that the current cryptocurrency bull market will extend through 2027, driven by continued U.S. policy support and increasing institutional adoption. They forecast Bitcoin could reach between $150,000 and $200,000 within the next year. The next phase of the bull run is expected to be led by altcoins such as Ethereum and Solana, alongside DeFi tokens, which are anticipated to boost inflows to exchanges. Additionally, the potential inclusion of cryptocurrencies in U.S. retirement plans, including 401(k)s and IRAs, could unlock billions in new capital. Bill Miller IV, a billionaire investor, estimates that allocating just 1% of the $60 trillion in global retirement accounts to Bitcoin could increase its price by $30,000, with a 2% allocation considered conservative. Market analysts also highlight that Bitcoin's next price peak could occur between mid-October and mid-November 2025, coinciding with what is traditionally a strong quarter for the cryptocurrency. This outlook underscores a prolonged and robust bullish phase for the crypto market over the next two years.