Bitcoin on target for $150K? 🎯

Bernstein analysts are still holding out for Bitcoin at $150,000 by years-end, despite its recent "painful" contraction.

Author

Stephen Graves
July 07, 2026

đź“ť What you need to know

Despite Bitcoin’s plunge to nearly 50% of its all-time high, analysts for investment bank Bernstein are still holding (clinging?) to an “ambitious” $150,000 end-of-year target for BTC.

Their reasoning? The market cycle will “eventually turn,” while regulatory advancement via the Clarity Act—a coin toss, according to Polymarket—could bring “more market liquidity and institutional adoption.”

They’re also sanguine about the likelihood of Strategy becoming a net seller of Bitcoin, despite its offloading $216 million worth of BTC to meet its dividend obligations this week. Still, Bitcoin has popped slightly in the last day, so their sunny optimism might yet bear fruit.

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🎧 LISTEN: The Decrypt News roundup with TylerD - July 7th

Michael Saylor becomes a Bitcoin seller for the first time. A meme coin gets its own treasury voted out from under it. And Bernstein doubles down on a $150,000 Bitcoin call.

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