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Bitcoin Eyes $150K Amid Weak Bear Case

Bernstein Maintains Bullish $150K Bitcoin Target Amidst Market Volatility

  • Research firm Bernstein reaffirms a $150,000 price target for Bitcoin by 2026.
  • Analysts describe the current pullback as the weakest bear phase ever.
  • The market faces sharp volatility and confidence-driven selling pressure.

Despite recent market fluctuations, analysts maintain a positive long-term outlook for Bitcoin, citing the current downturn as historically weak in comparison to past bear phases.

Bernstein’s reaffirmation of a $150,000 target underscores their confidence in Bitcoin’s potential growth trajectory by the year 2026. (Source)

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