Wall Street brokerage Bernstein has stated that Bitcoin has likely reached its bottom and is positioned for a recovery, while maintaining its $150,000 year end price target. The firm noted that the recent decline, which saw Bitcoin fall as much as 45% from its late-2025 peak, reflects a reset in market sentiment rather than a breakdown in long-term fundamentals.
Bitcoin was trading near $71,000 at the time of the assessment, with analysts pointing to continued institutional demand as a major factor supporting price stability. Exchange-traded fund (ETF) flows have remained resilient despite periods of market volatility, helping to reinforce confidence among large investors.
Corporate Treasury Accumulation Strengthens Bitcoin Fundamentals
A key driver behind the bullish outlook is the continued accumulation of Bitcoin by corporate treasury firms. Strategy’s currently controls approximately 3.6% of the total Bitcoin supply, valued at about $53.5 billion. The company’s preferred equity product, offering an 11.5% monthly dividend, has also gained popularity, with trading volumes increasing 65% over the past three months.
The recent market correction has been influenced by higher interest rates, geopolitical tensions, and periodic ETF outflows. However, analysts emphasized that Bitcoin has outperformed gold by about 25% since late February, highlighting its growing role as a portable and censorship-resistant asset during global uncertainty.
Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss