TD Cowen raised its long-term Bitcoin price target to $280,000 by 2029. The bank also revised its 2026 year-end target to approximately $109,000, after cutting it to $97,500 last September. The revision follows a strong third quarter in 2026, with Bitcoin closing around $76,000. Analyst Lance Vitanza is counting on 20% to 30% annual appreciation to justify these targets. TD Cowen maintained its $260 price target for Strategy, citing dilution risks from the company’s share issuances.
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