Bernstein is keeping its $150,000 year-end Bitcoin target, arguing that the latest BTC selloff reflects weak sentiment rather than a structural breakdown in the market. Bitcoin has been trading around the low-$62,000 area after another sharp risk reset, putting the target far above current spot levels. A move from roughly $62,500 to $150,000 would require BTC to gain about 140%, making Bernstein’s call one of the stronger institutional forecasts still standing after the latest drawdown.