Bernstein analyst Gautam Chhugani is optimistic about the cryptocurrency market trend in 2026 and suggests buying cryptocurrency company stocks on dips. His analysis points out:

1. 2026 Outlook: The tokenization supercycle dominates. Bitcoin will bottom out and rebound, with a target price of $150,000 (2026) and a peak of $200,000 (2027).

2. Stablecoins: Supply increases by 56% to $420 billion. Payment and fintech companies such as Block, Revolut, and PayPal will strongly support stablecoins.

3. RWA Tokenization: TVL will increase from $37 billion to $80 billion, with banks participating in this area.

4. Prediction Markets: Trading volume will grow 100% to $70 billion (revenue could reach $1.4 billion). Platforms like Kalshi, Robinhood, and Coinbase will gain regulatory support.