Bernstein Sets $150,000 Bitcoin Target As ETF Inflows Surpass $1.6B In March Strategy, the Michael Saylor-led company that has made Bitcoin accumulation its core business, purchased $76.6 million worth of cryptocurrency last week, increasing its total holdings to 762,099 BTC — approximately 3.5% of the entire Bitcoin supply. Wall Street brokerage Bernstein used this move as a basis to reaffirm one of the most aggressive price forecasts in the market: Bitcoin reaching $150,000 before the year ends. Bernstein senior analyst Gautam Chhugani outlined the outlook in a note to clients, stating that BTC has found its price floor after months of decline. If correct, the forecast would mean the drop to around $60,000 in early February marked the lowest point in the current downturn, with all subsequent trends pointing upward. Bitcoin was trading above $71,000 at the time of the report, making the $150,000 target a potential over 110% increase from current levels. Chhugani attributed the upward momentum to two key factors: growing inflows into Bitcoin spot exchange-traded funds and rising corporate demand. The data supporting this claim is striking. Bitcoin spot ETFs recorded $167 million in inflows in a single day this week — their first positive day in four sessions — and have attracted $1.6 billion in net inflows since March began. The market saw a brief surge earlier in the week following reports that U.S. President Donald Trump had ordered a five-day pause in strikes on Iran, pushing Bitcoin to $71,750 before retreating. Corporate interest in Bitcoin is also expanding beyond Strategy. Australia’s pension fund Hostplus announced plans to offer clients Bitcoin exposure through self-directed portfolios. Morgan Stanley, a major global bank, has updated its SEC filing for a U.S.#bitcoin #morgan_stanley #michael_saylor #gautam_chhugani #hostplus
