Bitcoin regained some ground over the weekend, pushing past $72,000, but dropped back below $70,000 on Monday morning. The asset is down over 3% in the past 24 hours. Last week, was a bloodbath for bitcoin that saw it drop to the $63,000 level, its lowest price since October 2024. Yet even as crypto investors remain rattled and cautious, Bernstein analyst Gautam Chhugani reiterated his $150,000 bitcoin price target for 2026, saying in a February 9 note that what we’re experiencing is “the weakest bitcoin bear case in its history.” Chhugani said that the current bitcoin price action “is a mere crisis of confidence.” ... (full story)