Markets· ★★★· bullish·

TD Cowen's Lance Vitanza Sets $132,000 Bitcoin Target for 2027

  • —TD Cowen set a 2027 Bitcoin price target of $132,000
  • —The forecast came from Managing Director Lance Vitanza on October 5
  • —The thesis rests on compounding corporate balance sheet demand for BTC
Why it matters: A bullish target from a major investment bank reinforces the institutional-demand narrative for Bitcoin.
Source: Coinotag