Bitcoin Is 'Boring' AI-Hungry Retail Investors, But Bernstein Still Sees $150K This Year (opens original article in a new tab)

Bernstein says Bitcoin's decline in 2026 is due to retail investors shifting to AI stocks, but the cryptocurrency's institutional stability supports a $150,000 price target by year's end.

• Retail investors are focusing on AI stocks, leading to lower Bitcoin activity.
• Bernstein attributes Bitcoin's decline to reduced retail inflows and increased institutional ownership.
• Bitcoin's price target of $150,000 remains unchanged despite a 27% drop in 2026.