Bernstein Sticks to $150K Bitcoin Target as Price Hits Two-Week High

Analysts at Bernstein maintain their target of $150,000 for Bitcoin by year's end, despite it reaching a two-week high of $63,836.

This is after the cryptocurrency fell nearly 50% from its all-time high last October.

The recent gains have not been enough to recoup all the losses incurred in the last eight months, which erased all post-Trump reelection profits.