I saw that Bernstein analysts are saying they have found the bottom point for Bitcoin and they continue to target $150k by the end of the year. Interesting timing considering that BTC is now around $74k. Bernstein is one of the most followed brokers on Wall Street, so when they make such specific predictions, the market tends to listen. If the bottom has really been found, it would mean that from now on we should mainly see upward movement for the next few months. I don't know about you, but Bernstein has been pretty accurate with their calls lately. The question is whether the market will actually reach that target or if there will be a retracement first. Anyway, when you hear these numbers from players like Bernstein, at least you know there's something concrete behind the analysis.

BTC-1.72%
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