Bernstein: Bitcoin likely bottomed, $150K year-end target supported by ETF inflows and corporate demand

Wall Street broker Bernstein said Bitcoin has likely hit a bottom and maintained a year‑end price target of $150,000, citing support from ongoing ETF inflows and expanding corporate treasury demand ^{[1] [2] [3]}.

Analysts at Bernstein acknowledged that the U.S.‑Iran war and uncertain peace talks continue to exert pressure on markets, but argued the combination of ETF flows and a strong base of long‑term holders underpins their bullish forecast ^{[4] [1] [3]}.

Other market commentators offer differing timing for a sustainable bottom; a CryptoQuant analyst noted on X that, if recent patterns hold, the bottom could arrive within roughly two months, underscoring varied viewpoints among analysts ^[5].

Bernstein's $150,000 projection rests on continued ETF inflows and corporate demand, while geopolitical uncertainty around the U.S.‑Iran conflict remains a material risk to that outlook ^{[1] [4]}.