Analysts generally expect Bitcoin to be bullish by 2026, with multiple institutions predicting Bitcoin will rise to $150,000.

On December 31, according to Cointelegraph, analysts are generally bullish on Bitcoin in 2026, but compared to previous optimism, expectations have become noticeably more rational. Standard Chartered Bank has been bullish multiple times in early 2024 and 2025, but recently lowered its 2026 Bitcoin price target from $300,000 to $150,000, citing lower-than-expected institutional buying pressure entering the market via ETFs. Bernstein analysts expect Bitcoin to reach $150,000 by the end of 2026 and potentially rise to $200,000 by the end of 2027. Although recent corrections prompted them to withdraw their previous judgment of reaching a high of $200,000 this year, they still insist that Bitcoin is gradually moving away from the historical “four-year cycle” pattern and heading toward a more resilient long-term growth trajectory. Strategy Executive Chairman Michael Saylor also predicts that Bitcoin will reach $150,000 as it enters 2026. He believes that despite recent price corrections, Bitcoin’s volatility is “significantly decreasing,” contrasting with the views of many crypto analysts. More optimistic perspectives, such as Fundstrat, believe Bitcoin has the potential to rise to $200,000–$250,000; while more conservative forecasts generally focus on the $110,000–$135,000 range. However, from a technical perspective, if historical pattern repetitions occur, Bitcoin could face a deeper retracement, with prices possibly dropping to $40,000–$70,000.