Bitcoin $150K or $250K by 2026? Why Analysts Are Split on BTC's Next Bull Cycle Pea
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Bitcoin $150K or $250K by 2026? Why Analysts Are Split on BTC's Next Bull Cycle Pea
"Bitcoin ( ) price predictions remain contentious, but the run-up to 2026 has inspired wild forecasts. After hitting a record high of $126,000 in October and then plunging nearly 30% through late November, BTC is now trading around $93,000 . Investors are watching two key catalysts: the next halving and spot Bitcoin ETF inflows. But analysts can't agree on where the price goes from here. Some see a modest rise toward $150,000, while others think Federal Reserve rate cuts and institutional adoption could push prices past $250,000."
"Some analysts see Bitcoin beating its old high and argue that valuations between $150,000 to $200,000 is more realistic than the blow-off tops we saw in 2017. One technical strategist on X uses Elliott Wave theory and sees Bitcoin rallying to about $200,000 by mid-2026. But there's a condition. Bitcoin needs to hold support around $102,000, and the macro environment has to stay calm. If those things happen-and if ETF inflows stay strong-Bitcoin could push above $200,000."
"The bulls see things differently. They're betting on a supply squeeze. Fundstrat Global Advisors is leading the charge, with Tom Lee, Managing Partner and Head of Research, calling for $200,000 to $250,000 before 2026 ends. Lee's argument is simple. The SEC approved spot Bitcoin ETFs, and that opened the floodgates. Trillions of dollars in wealth management platforms can now al"
Price forecasts for Bitcoin ahead of 2026 span a wide range due to differing views on catalysts and market dynamics. Two main catalysts are the upcoming halving and spot-Bitcoin ETF inflows. A conservative bull case projects $150,000–$200,000 if Bitcoin holds support near $102,000, the macro environment remains calm, and ETF inflows stay strong, favoring gradual institutional adoption. A more aggressive bull case, led by Fundstrat, forecasts $200,000–$250,000 on a potential supply squeeze as spot ETFs open broader wealth-management channels. The gap between forecasts reflects uncertainty about leverage-driven spikes, retail speculation, and future Fed policy.
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