Bernstein Maintains Year-End Bitcoin Target of $150,000, Pullback Weaker Than Historical Cycle

BTC0.32%
According to Bernstein, on July 7, the firm maintained its year-end Bitcoin target of $150,000 despite a 54% pullback from October 2025's $125,000 peak. The analyst noted the current drawdown is significantly smaller than the 75% to 90% declines typical of historical cycle peaks, suggesting market structure has shifted.
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