BUSINESSTHE BLOCK
‘Any signs of life?’ Bernstein holds ‘ambitious’ $150K year-end bitcoin target despite 54% drawdown
Bernstein maintains a $150K year-end target for bitcoin despite a 54% drawdown, noting the decline is milder than past cycles.
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Adjacent reporting
- 'Crypto Godfather' says bitcoin has not reached its bottom and a new all-time high is off the table for 2026
- Dorsey’s Block raises full-year guidance after ‘strong’ Q1, records $173 million bitcoin remeasurement loss
- Standard Chartered Calls Crypto Bottom as Bitcoin Price Recovers From $59,000 Low
- Sold in May and went away? Bitcoin risks another 10% drop as month turns red
- 21Shares says bitcoin’s post-halving price action ‘still looks familiar,’ but sees recovery toward $100,000 by year-end
- ‘I think we’re nearing the bottom’: Bitwise CIO says Strategy’s STRC selloff is part of bitcoin’s end-of-cycle dynamics