According to Business Insider , while Bitcoin is still trading around $95,000, analyst Mark Palmer of investment bank The Benchmark Company made a bold prediction: Bitcoin will more than double in value to $225,000 by the end of 2026.
Bitcoin will rise to $225,000 by 2026
PHOTO: FORKAST SCREENSHOT
Wall Street is bullish on Bitcoin's growth
Mr Palmer said the main driver of this 'huge' rally comes from a sharp increase in capital flows from institutional investors. He compared Bitcoin to gold, a precious metal that skyrocketed in price in the 2000s when investment funds and pension funds began to enter the market.
In addition, Donald Trump's second term as president is also expected to create a favorable environment for Bitcoin's development. Investors hope that regulations will be loosened, and even the establishment of a national Bitcoin reserve, thereby pushing Bitcoin's price up sharply.
Palmer’s bullish prediction reflects Wall Street’s growing confidence in Bitcoin’s future. On options exchanges, many investors are betting that the world’s most valuable cryptocurrency will soon hit six figures, with a probability of as high as 73%.
Will Bitcoin repeat history, creating a new 'super cycle' of price increases? The answer will be revealed in the coming time.
Source: https://thanhnien.vn/bitcoin-se-tang-gap-doi-gia-tri-vao-nam-2026-185241130105324387.htm
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