Woofun AI reports that Bernstein maintains a $150,000 year-end price target for Bitcoin, despite the asset retreating approximately 54% from its October 2025 peak near $125,000. The firm asserts that this current correction is significantly shallower than the 75% to 90% declines typical of previous cycle endings, suggesting structural shifts in market dynamics.

Bernstein identifies the prior $125,000 high as a key resistance level, noting that a historical 75% retracement would place Bitcoin around $31,000, a zone viewed as critical for invalidation. Future market recovery signals will depend heavily on the resurgence of Bitcoin spot ETF fund flows and underlying spot demand.