Bitcoin (BTC) may have already hit its cycle bottom after a sharp correction, and now Wall Street analysts are pointing to a potential BTC surge toward $150,000 as institutional demand continues to reshape the market. On March 24, Wall Street research and brokerage firm Bernstein reiterated that Bitcoin price could have bottomed after a 50% crash from its peak. The firm’s analysts, led by Gautam Chhugani, believe that the 2025/2026 Bitcoin bear market was the weakest in its history. “In view of recent market correction, we believe, the Bitcoin cycle has broken the 4-year pattern (cycle peaking every 4 years) and is now in an elongated bull-cycle with more sticky institutional buying offsetting any retail panic selling,” Bernstein wrote