Analyst doubles down on sinking crypto stocks
Jan. 6 opened on a high for crypto traders as Bitcoin touched the $94,000 mark.
However, the joy was short-lived as BTC failed to break past it.
Crypto-related stocks also faced sharp pullbacks as a result.
However, Bernstein analyst Gautam Chhugani has released his 2026 crypto outlook and he is much more optimistic about Bitcoin and a few major crypto stocks.
Related: Cardano founder predicts Bitcoin could hit $250K by 2026 — Is it realistic?
Bitcoin started 2025 on a bullish note, surging to $102,000 in early January as Donald Trump took office.
The rally soon lost steam, and BTC consolidated between $98,000 and $104,000 through February before slipping to $80,000 by month’s end and bottoming near $76,000 in…
