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Just caught that Bernstein dropped their Bitcoin analysis - they're calling we've hit the bottom and keeping that $150K year-end target on the table. Interesting timing given all the noise lately. They're basically saying the worst is behind us, which honestly aligns with what I've been seeing in the order books and sentiment across different projects, even smaller ones like Notcoin showing some resilience.
What's notable is they're sticking with their target despite the volatility. You don't usually see major Wall Street analysts hold that firm unless they genuinely believe in the narrative. The whole market's been watching Bitcoin like a hawk - when the big players start talking bottoms and recovery plays, it tends to shift momentum. Not saying it's a guaranteed move, but the fact that institutions are getting more bullish on Notcoin and other alts alongside Bitcoin suggests we might be entering a different phase. The $150K target would be a pretty significant move from current levels, so we'll see how this plays out over the next few months.