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BTC/USD daily chart. Source: TradingView
Bitcoin (BTC) may recover from its ongoing slump and reach $150,000 by the year’s end, according to a recent Bernstein outlook.
Key takeaways:
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Bitcoin must hold the 200-week SMA and see new-investor flows turn positive.
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Sidelined capital must flow back into crypto, and the quantum threat needs to be addressed.
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More rate cuts from the Fed in 2026 will bring risk-on investors back to BTC.
Bitcoin must hold above this key trend line
One condition that has…
