Bernstein Predicts $150K Bitcoin as Institutional Demand Grows

• Bitcoin may reach $150,000 by the end of 2026, Bloomberg shared, citing Bernstein’s view.
• Merlijn the Trader said Bitcoin’s current setup resembles prior bear-trap phases.
• Strategy recently bought 1,031 BTC and raised fresh capital flexibility for more buys.

Bitcoin price is getting an upward trend following a highlight from Bloomberg, Bernstein saying that the coin might already be at a bottom. That call is important to traders, ETFs, public companies, and long-term investors, as it indicates a now less retail-infused market and a more stable institutional demand.

Meanwhile, trader Merlijn says Bitcoin could be forming a classic bear trap, with the structure holding as long as the price stays above $60,000.

Bernstein Predicts $150K Bitcoin Target

A Bloomberg post on X indicates Bitcoin has likely reached a floor and could rise to $150,000 by the end of 2…

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