The research analysts pointed to tight liquidity and macro pressure as drivers of the decline, while noting that spot Bitcoin ETFs have seen relatively modest outflows.
Bernstein calls Bitcoin sell-off 'weakest bear case' on record, keeps $150K 2026 target
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Bernstein Research calls Bitcoin sell-off 'weakest bear case' on record; maintains $150,000 2026 price target; analysts cite tight liquidity and macro pressure as drivers and say spot Bitcoin ETFs have seen relatively modest outflows.
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