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Will Bitcoin’s (BTC) Surge Continue? Bernstein Predicts $150K Milestone in Latest Report!

13d ago•
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  • Despite recent market fluctuations, Bernstein analysts remain confident in their prediction of Bitcoin reaching $150,000 in this cycle.
  • The recent surge above $65,000 has been attributed to positive inflows in the US spot BTC ETF.
  • Analysts highlight several indicators suggesting that Bitcoin is still in the early stages of its rise.

Bitcoin’s bullish trend continues, with Bernstein analysts maintaining their $150,000 prediction for this cycle, despite recent market fluctuations.

Bernstein Analysts Stand by $150,000 Bitcoin Prediction

Despite the recent market downturns in April and last week, Bernstein analysts Gautam Chhugani and Mahika Sapra remain steadfast in their prediction that Bitcoin will continue its upward trend. In a note to clients, they reiterated their belief that Bitcoin will reach $150,000 in this cycle.