Bitcoin just hit $64,000—its highest level in weeks—and Bernstein is still keeping its $150,000 year-end target. Although they admitted that the recent pullback was “very painful,” they believe it is only accumulation ahead of a new bull cycle. The catalyst is inflows from spot ETFs, which have attracted more than $15 billion, along with signals from the Fed that it may cut interest rates. The April halving also tightens supply; history shows that the 12–18 months after a halving is often a major wave.

I think the current structure supports a sustainable breakout, but nothing is certain. $64k is the resistance zone; if it holds, the next milestone is $70k. But risk management is still the top priority—low leverage, with a clear stop-loss. DYOR.

#BTC #Bitcoin #Bernstein #Phantich #Dautu