Bitcoin Price Rebounds to $70K: Bernstein Reaffirms $150,000 BTC Target

Bitcoin (BTC) has demonstrated resilience, recovering from an early dip to reclaim the $70,000 price level. This rebound coincides with a renewed bullish outlook from the research and brokerage firm Bernstein. Analysts at Bernstein have reiterated their long-standing price target of $150,000 for Bitcoin, citing strong fundamentals including robust ETF inflows and a favorable macro environment. The firm's confidence underscores a positive sentiment among institutional investors. The market's ability to shake off temporary declines and consolidate near key psychological thresholds is seen as a sign of underlying strength. This price action highlights Bitcoin's volatility but also its continued appeal as a major digital asset amid evolving regulatory and economic landscapes.