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Wall Street broker Bernstein calls bitcoin bottom, keeps $150,000 year-end target
Wall Street broker Bernstein sees Bitcoin likely at its bottom, targeting $150,000 by year-end. Analyst Gautam Chhugani cites strong demand and institutional interest, while emphasizing resilient assets like Strategy (MSTR) as a Bitcoin proxy amidst market volatility.
CoinDesk7m ago
Bernstein: Bitcoin May Have Hit Cyclical Bottom, Maintains $150,000 Target Price by End of 2026
Gate News reports that on March 24, according to CoinDesk, Wall Street brokerage Bernstein stated in its latest report that Bitcoin may have already reached a cyclical bottom, while maintaining a price target of $150,000 by the end of 2026. The report notes that previous pullbacks were mainly driven by high interest rate environments, Middle East geopolitical risks, and ETF outflows during a certain period, but the overall fundamentals have not experienced systemic pressure. Additionally, sustained ETF inflows and corporate treasury accumulation continue to be viewed as important factors driving Bitcoin's upside.
GateNews9m ago
CSPR Price Soars 18.54%: Social Media Buzz Fuels Surge
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XRP Risks Short-Term Liquidations as Price Breaks Negative Monthly Streak - U.Today
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Here Are 4 Catalysts That Could Change Litecoin (LTC) Price Fast
Litecoin's price has recently surged by 4%, influenced by easing U.S.-Iran tensions and rising market optimism. Key factors driving potential future price increases include regulatory clarity, institutional investment access, advancements like Litecoin’s Layer 2, and tightening supply dynamics. Analysts believe these catalysts may not yet be reflected in the market.
CaptainAltcoin34m ago
Wintermute Interprets Trump's Pause on Iran Attack: Bitcoin Three Scenario Simulations, Bullish Push to $80K, Bearish Test at $65K
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