Bitcoin Price Clings to $70,000 After Rout as Bernstein Sticks With $150,000 Call
Bitcoin hovered near $70,000 in New York trading Monday after rebounding from a low of $61,000 last week. Bernstein’s Gautam Chhugani called the sell-off a “crisis of confidence” and kept a $150,000 target. Traders monitored spot ETF flows and miner data for signs of stability. Bitcoin is down about 44% from its October 2025 high above $126,000.