Goldman Sachs is of the opinion that bitcoin and crypto may have finally reached their ceiling after months on decline. It highlights select stocks which could show upside potential.
Analyst James Yaro wrote on Thursday that crypto-related stocks are down by 46% from October 2025, but they are still showing signs of life. “volatile but flattish performance” CNBC’s valuations have become more appealing in recent weeks. reporting.
All three are rated highly: Robinhood, Figure Technologies and Coinbase “buy.” The price target for Figure’s blockchain-based HELOC was raised from $39 to $42, implying a 35% increase from the current level.
Robinhood’s offerings are expanding to include advanced traders as well as financial services. Coinbase, on the other hand, is focused more on subscriptions and products, such equities and banking, along with crypto derivatives.
Goldman said that it was concerned about the possibility of further declines in trading volume, which could reduce revenue and profit by as much as 4% by 2026. It expects to see a rebound after a three month median period.
Bitcoins have reached a new low
BTC has also been a subject of interest for other analysts.
Bitcoin is stabilizing following recent volatility. Signs suggest that the market has reached a bottom. Following a sharp selloff that pushed BTC from around $75,000 to $67,000, the cryptocurrency has rebounded, supported by easing selling pressure from ETFs, long-term holders, and constructive geopolitical developments, including U.S.–Iran talks.
In the last month, Bitcoin has been trading sideways in a range between $65,000 and $75,000. This pattern is often associated with market bottoms. K33 Research highlights Reduced distribution of ETFs, and an increase in supply for more than 6 months, reflect structural market stability.
Vetle Lunde, Head of Research, noted that when bitcoin is below $100,000 fewer investors will exit their positions and anchor prices.
ETF flows has turned slightly positive since late-February, signaling the end of the heavy distribution phase that followed October.
Despite macro uncertainty—including rising oil prices, geopolitical tensions, and a hawkish Federal Reserve—bitcoin’s range-bound price action, low open interest in perpetual swaps, and negative funding rates suggest a constructive environment for medium- and long-term investors.
Wall Street broker Bernstein echoes This outlook asserts that bitcoin is likely to have bottomed out and maintains a target of $150,000 for the year’s end. Bernstein cited strong ETF flows, growing corporate treasury demand, and resilience in Strategy (MSTR)—which now holds $53.5 billion worth of bitcoin—as evidence of institutional confidence.
Analysts consider the recent stock market correction to be a reset of sentiment rather than an actual breakdown in fundamentals. They also believe that continued investor interest in Strategy’s preferential shares will provide additional support for long-term capital.
In general, both firms believe bitcoin will move from its distribution phase into a period of stabilization later this year, paving the way for a possible upside.
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Source: bitcoinmagazine.com
