The Daily: Bernstein reaffirms $150K price target citing ‘weakest bitcoin bear case in history,’ Strategy buys another 1,142 BTC, and more
Bernstein Downplays Bitcoin Bear Market Jitters, Predicts Rally to $150K in 2026
Bernstein views the Bitcoin bear market as a confidence dip, not structural damage, and maintains a $150,000 price target for 2026.
Bitcoin Selloff Called ‘Weakest Bear Case in History’
Bernstein calls the current Bitcoin selloff the ‘weakest bear case in history,’ reaffirming its $150,000 price target for 2026. This historic indicator suggests a strong market sentiment and potential for a rally.
Strategy Buys Another 1,142 BTC
As part of its investment strategy, Bernstein has purchased an additional 1,142 BTC, signaling continued confidence in Bitcoin’s long-term value.