Bernstein reaffirms $150,000 Bitcoin target as March ETF inflows hit $1.6B

Bernstein says Bitcoin can hit $150,000 by year‑end, citing fresh institutional demand. Michael Saylor–led Strategy bought $76.6M last week, taking holdings to 762,099 BTC.

Senior analyst Gautam Chhugani reiterated the call in a client note. He says BTC has likely set a floor after months of declines. Bloomberg covers the note.

ETF flows turned positive again. Spot BTC ETFs saw $167M in a day and $1.6B net since March began.

Macro helped intraday. Reports of a five‑day halt to US strikes on Iran lifted risk. Al Jazeera detailed the pause.

Corporate bids keep coming. Strategy’s latest purchase underscores balance‑sheet demand. Company website.

Bernstein also called Strategy a high‑beta BTC proxy and set a $450 stock target as prices recover. Source.