Bernstein Sets $150,000 Bitcoin Target As ETF Inflows Surpass $1.6B In March
Strategy, the Michael Saylor-led company that has made Bitcoin Beyond Strategy, institutional interest is broadening. Australia’s pension fund Hostplus announced plans to offer clients Bitcoin exposure through self-directed portfolios. Morgan Stanley, one of the biggest names in global banking, has updated its SEC filing for a US Bitcoin spot ETF, a sign the product could be closer to launching than previously expected. Bernstein described Strategy as a high-beta play on Bitcoin — meaning its stock tends to move sharply in the same direction as Bitcoin, only more so. Despite MSTR shares falling 50% from their all-time high, Chhugani set a price target of $450 for the stock, betting the company’s large Bitcoin balance sheet will pay off as prices recover. Bernstein’s optimism is not shared across the board. Veteran chart analyst Ali Martinez laid out a scenario where Bitcoin drops as far as $41,500 by mid-October 2026 before any meaningful recovery begins.Corporate Buyers Keep Piling In
Not Everyone Agrees The Bottom Is In
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Standard Chartered Bank has repeatedly warned that Bitcoin could revisit $50,000 first, citing weak economic conditions and limited demand. The bank also cut its own 2026 Bitcoin forecast from $150,000 to $100,000.
The split between analysts reflects how uncertain this market remains. Bitcoin has never matched the scale of correction seen in past bear markets if the February low holds — that would make this one of the shallower pullbacks from an all-time high in the asset’s history.
Featured image from Unsplash, chart from TradingView
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