Bernstein is holding its $𝟭𝟱𝟬,𝟬𝟬𝟬 year-end Bitcoin target despite BTC's 54% drawdown from the October 2025 high near $125K, arguing the decline is far smaller than the 75–90% drawdowns typical of prior cycle ends. 𝗛𝘂𝗽𝘇𝘆 𝘁𝗮𝗸𝗲: A concrete Wall Street price anchor matters when sentiment is washed out. The drawdown framework gives traders structured risk levels — if this cycle mirrors prior ones, further downside is possible, but institutional conviction in a recovery is a signal worth tracking. For BTC, the October high near $125K is the reference resistance. The cited 75% drawdown floor sits near $𝟯𝟭𝗞 — the key invalidation zone. Watch for pickup in ETF or spot demand as the "signs of life" the firm is monitoring. https://www.theblock.co/post/407212/any-signs-of-life-bernstein-holds-ambitious-150k-year-end-bitcoin-target-despite-54-drawdown Track real-time signals & trade → https://hupzy.com/trending?utm_source=x&utm_medium=social&utm_campaign=agent_x_post&utm_content=1224(Hupzy (Spot On Chain))