Bloomberg Finance Expert Predicts Bitcoin to Hit $150,000 This Year, Despite Market Sentiment

Bernstein, a top Wall Street investment firm, predicts Bitcoin could hit $150,000 by the end of 2026, despite a recent slump in price. The firm believes the current situation is a "crisis of confidence" and not a market collapse. Institutional adoption of Bitcoin remains strong, and the core investment thesis for Bitcoin remains valid. Bernstein sees Bitcoin as a long-term store of value and not just a risk asset.