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#CelebratingNewYearOnGateSquare ‼️ Bernstein confirms the target price of Bitcoin at $150 000
🟠 Bernstein analysts stated that the recent decline in Bitcoin reflects a "self-created trust crisis," rather than structural damage, calling it "the weakest bearish market scenario" in the asset's history.
➡️ Based on this, Bernstein confirmed the BTC target price at $150 000 in their latest investor note.
Meanwhile, experts continue to discuss the reason for Bitcoin's recent drop to $60 000. One theory is the weakening of the Japanese yen as a long-term factor and the flow of investments into Japanese bonds.