I work in Trad Fi long equities, and a sell-side broker has just contacted me with a $150 price target for bitcoin

EDIT: Title should say $150k, not $150.

I work in trad fi equities but am a BTC maxi underneath. My colleagues know this and find it amusing but don't take it seriously (they assume I'm gambling or something). Anyway, I just got a broker email from a reputable sell side research firm with a $150k PT for bitcoin and offering an introduction to the asset and the halving cycle.

This is insanely bullish—I've never heard brokers explicitly outlining the BTC bull case during my day job before. Asset managers don't tend to listen to crypto bros, but they do listen to sell side analysts with CFAs who are saying exactly the same thing. This could be the start of institutional adoption.