Bitcoin may have already bottomed and rebounded, building momentum for further gains. Bernstein reiterated its year-end price target of $150,000. The brokerage is also bullish on MicroStrategy, citing the company's substantial Bitcoin holdings and sound balance sheet. Bernstein emphasized growing market demand for STRC, MicroStrategy's flagship product, and highlighted its monthly dividend yield of 11.5% and rising trading volume. Analysts believe Bitcoin's recent pullback is merely a temporary market sentiment adjustment rather than a fundamental collapse, and point out that Bitcoin is outperforming gold amid current geopolitical tensions.