Bloomberg: Bitcoin Likely to Have Bottomed Out, Maintaining $150,000 Year-End Target

BlockBeats News, March 24th, research and brokerage firm Bernstein stated that Bitcoin has likely bottomed out and is expected to continue rising, while maintaining its price target of $150,000 by 2026.

Despite a 50% drop from its high, Strategy (ticker: MSTR) has shown strong resilience, currently holding about 3.6% of the total Bitcoin supply (around $53.5 billion). Bernstein believes that MSTR is a high-beta investment target for Bitcoin, and its balance sheet is also relatively robust. Strategy has not reduced its exposure, but has instead continued to accumulate Bitcoin at recent lows, raising $7.3 billion through financing in 2026 to expand its holdings.