So Bernstein just dropped a fresh Bitcoin price target while the market's taking a breather. Interesting timing, right?

Here's the thing - major institutions don't randomly update their forecasts. When a heavyweight research firm revises their BTC outlook during a pullback, it usually means they're seeing something the retail crowd might be missing.

The market's been cooling off lately, nothing unusual there. But what catches my attention is how these institutional players position themselves when everyone else is getting nervous. Classic contrarian move?

Worth keeping an eye on their reasoning. These firms have access to data flows most of us don't see. Not saying they're always right, but they're definitely not throwing darts at a board either.

Anyone else notice how institutional forecasts tend to emerge right when sentiment shifts? Curious what their actual target number is and what metrics they're basing it on.