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Bernstein maintains ambitious $150K year-end bitcoin target despite 54% drawdown · Cyprus Report

Business · World

Bernstein maintains ambitious $150K year-end bitcoin target despite 54% drawdown

1 sourceFirst reported 16 days agoUpdated 16 days ago

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Bernstein maintains a year-end target of $150,000 for Bitcoin despite a current 54% drawdown in its price.
The firm's analysis suggests that this decline is less severe compared to previous market cycles.
Bernstein's projection indicates confidence in Bitcoin's potential recovery and future performance.

Generated by AI from the 1 sources below · always verify with the originals

AI summary: catch up in 20 seconds

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All coverage (1)

‘Any signs of life?’ Bernstein holds ‘ambitious’ $150K year-end bitcoin target despite 54% drawdownThe Block · 16 days ago

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AI summary: catch up in 20 seconds

Bernstein maintains a year-end target of $150,000 for Bitcoin despite a current 54% drawdown in its price.
The firm's analysis suggests that this decline is less severe compared to previous market cycles.
Bernstein's projection indicates confidence in Bitcoin's potential recovery and future performance.

Generated by AI from the 1 sources below · always verify with the originals