Bitcoin sinks below $70,000 as Bernstein analysts say token 'looks bottomed'

Bitcoin (BTC-USD) may finally have reached a low point more than five months after tumbling from its all-time highs, according to Bernstein analysts. "Bitcoin looks bottomed," Bernstein analyst Gautam Chhugani wrote in a note on Monday. The firm reaffirmed its $150,00 price target for the end of 2026. The token, which has outperformed gold and equities during the Middle East conflict, was trading below $70,000 on Tuesday. Overall, bitcoin has been trading in a range between $65,000 and $75,000 over the ...