While shooting a handgun from a bipod is indeed "between a handgun and a rifle", I'd put it much closer to handgun than rifle. It's very difficult.
I would be entirely comfortable taking a shot at a deer at 300 yards with a rifle on a bipod. With the handgun (mine's an Encore), 150 yards is REALLY pushing it if all you've got is the bipod. The gun is certainly capable, most shooters are not.
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