# TD Cowen Raises Bitcoin Forecast to $109,000 for 2026 Year-End

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/28129
Published: 2026-10-08T13:51:59.000Z
Updated: 2026-10-08T13:51:59.000Z
Section: Investing

> The investment bank projects Bitcoin at $280,000 in 2029 while keeping its $260 target for Strategy unchanged.

TD Cowen raised its Bitcoin (BTC) price forecasts, projecting the cryptocurrency at about $109,000 by the end of 2026 and $280,000 in 2029.

The investment bank kept its $260 price target for Strategy (MSTR) unchanged. Higher Bitcoin prices would increase the value of Strategy’s BTC holdings, but stock dilution could limit shareholder gains.

The forecast update was timestamped Oct. 8, 2026, at 9:45 a.m. ET (1:45 p.m. UTC).