Bernstein’s $125K target by year-end would require roughly a 55-58% rally from $BTC Bitcoin’s current ~$80K level, which is aggressive but not impossible given how fast BTC can move in bullish phases. Historical four-year cycles and growing institutional demand give the call some foundation, especially after the milder-than-usual drawdown this cycle. Personally I think it’s doable if momentum and ETF/corporate buying stay strong, but I’d treat it as a high-upside scenario rather than a sure thing. Crypto rarely follows any forecast on schedule. $ETH

#BTC Price Analysis# #BTC