Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesBotsEarnCopy
Another Bold Bitcoin Price Prediction for 2026

Another Bold Bitcoin Price Prediction for 2026

CryptodnesCryptodnes2024/12/11 11:00
By:Cryptodnes

Bitcoin recently dropped back below $100,000, slipping to $96,000 and sparking over $1.6 billion in liquidations.

Despite this short-term pullback, many analysts remain optimistic about Bitcoin’s long-term outlook, predicting that it could potentially reach $400,000 by 2026.

Technical analysis by TradingShot points to key indicators that suggest Bitcoin’s bullish trend is still intact. The cryptocurrency has followed a consistent pattern for over a year, supported by the 50-week moving average, which has acted as a reliable support level during previous bull runs. As long as Bitcoin stays above this level, the broader market sentiment remains positive.

Bitcoin’s historical price cycles further support these projections, with patterns from previous halving events indicating that Bitcoin could hit its peak by late 2025 or early 2026. Even under more conservative estimates, Bitcoin could still surpass $200,000.

READ MORE:
Billionaire Warns of Debt Crisis, Recommends Bitcoin and Gold as Safe Havens

Moreover, the Relative Strength Index (RSI) signals further growth potential. After dropping from an overbought high in March 2024, the RSI suggests that Bitcoin is in a healthy correction phase and could see more upward momentum before reaching its final peak.

Bitcoin’s future trajectory is influenced by various factors, including institutional interest, macroeconomic conditions, and geopolitical developments. While short-term volatility is expected, a lower interest rate environment could offer additional support for Bitcoin. However, analysts caution that maintaining price levels above $96,000 is crucial to avoiding a significant downturn.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

Why Are Investors Hesitant Despite Bitcoin Surpassing the $98K Mark?

BTC Triumphs Despite Investor Skepticism: Market Nervousness Persists Despite Hopeful ETF Inflows

Coineagle2025/05/09 07:11
Why Are Investors Hesitant Despite Bitcoin Surpassing the $98K Mark?

Revolution in Trading: USDT and USDC Now Welcomed by Asian Stock Brokers

Bridging Modern Finance: Hong Kong's Strategic Embrace of Crypto Trading Through USDT and USDC Adoption

Coineagle2025/05/09 07:11
Revolution in Trading: USDT and USDC Now Welcomed by Asian Stock Brokers

Unveiling Democrats’ Subtle Support for Trump’s Disputed Crypto Strategy

Unforeseen Bipartisan Accord: Examining the Subtle Support for Trump's Crypto Strategy Amidst Controversial Debate

Coineagle2025/05/09 07:11
Unveiling Democrats’ Subtle Support for Trump’s Disputed Crypto Strategy