Bitcoin Price Prediction: BTC Stabilizes Near $70K as Bernstein Maintains $150K Outlook

• Bitcoin falls 1.84% to $68,811 after rebounding from session lows near $68,000 as Bernstein reiterates $150,000 year-end price target.
• Open interest drops 1.87% to $45.22 billion while options volume surges 85.05% as traders position for volatility.
• Recovery requires reclaiming $77,227, while a close below $68,000 opens downside toward the $60,000 crash low.

Bitcoin price today trades near $68,811 after recovering from early session weakness that saw the token briefly dip toward $68,000. The bounce comes as Wall Street firm Bernstein reiterates its bullish $150,000 year-end target, arguing that what the market is experiencing represents the weakest Bitcoin bear case in its history.

Bernstein Calls This The Weakest Bear Case Ever

Bernstein analyst Gautam Chhugani delivered a forceful rebuttal to bearish sentiment, maintaining the firm’s $150,000 year-end price ta…

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