Those who talked about $200,000 return to milder advice. And the others?
Il 2025 of Bitcoin will go down in history as the year the crypto world’s premier asset cared about deny all the main price forecasts, from those that come from the large investment banks to those that come from managers of the funds who invest in $BTC. For the 2026 does it feel different? In part yes, because many have revised their forecasts (downwards), while others see an exceeding of the classic cyclewhich should therefore bring $BTC back to its old glories.
How have the forecasts changed? What price levels are analysts most aiming for? trendythe fund managers, as well as the main operators of this market? Let’s see it together, analyzing both what they said and what they say for the end of 2026.
Matt Hougan, Bitwise: end of the cycle and new highs for Bitcoin in 2026
The cycle four-yearly none of the investors like it longeven if only because if it were to be confirmed, 2026 would prove to be a year of further correction. Among the first to return to his old forecasts (the group he works for spoke of $200,000 by the end of the year) is Matt Hougan of Bitwise.
Here he stated that the old cycle is dead. For 2026, however, he did not commit to any price level, simply indicating that there will be some new highs. He also indicated that he expects less volatility and possibly even less correlation between Bitcoin and stocks in the coming year.
Galaxy’s Alex Thorn: 2026 too difficult to predict
A few days ago it was also the case of Alex Thornanother of the analysts of team bullishthat is, those who see Bitcoin in an extremely positive light and who aim for significant long-term price increases. For the 2026 he called himself out, speaking of the impossibility of drawing forecasts that are credible, given the great confusion that governs the sector at the moment.
However, he pushed himself towards 2027, saying that Bitcoin will reach i 250.000$ by the end of that year. A very bullish forecast, however over a period of at least 2 years from now.
Fidelity: The 4-year cycle still exists and there could be a correction in 2026
Per Jurien Timmera well-regarded analyst in Fidelity’s digital assets division, other scenarios must also be taken into account. He spoke – here is his complete analysisof the possibility that the four-year cycle is still a reality and that therefore the 2026 let it be another year of corrections.
I remain bullish on Bitcoin, but my concern is that we will have another 3-year cycle phase. The October 2025 high is perfectly aligned with the 4-year cycle.
For him, however, the support will be played between $65,000 and $75,000, possibly, if this were to be the correct reading of Bitcoin’s movements over a 4-year period.
Cathie Wood: 2026 anno Goldilocks
Where Goldilocks means a period with solid growth (but not an overheated economy), moderate or stable interest rates, inflation that is back under control and in the absence of shocks. According to the ARK leader, this would be a scenario that would see Bitcoin possibly prosper – and therefore probably return to new highs.
However, it remains the most vague and optimistic of the forecasts that have circulated and therefore in our opinion it is the least interesting of those we have reported.
Historically it is a good sign when…
When overly optimistic forecasts – everyone or almost everyone was talking about 200k – are then proven wrong by the facts. Or at least that’s the historical pattern Bitcoin he offered during his short existence. This doesn’t necessarily mean that it will happen again next year, but the configuration we are having is from post bull run as in 2021. That is, price objectives written by all or almost all of them proven wrong from the facts, a sentiment generally very negative and then…
…after an incredible series of failures (which this time doesn’t necessarily have to happen, given that the sector is more solid), the return to truly incredible growth.
I can only remind you that the more measured analyzes of our Alex Lavarello are available here, on Bitcoinclearly.
Related News :