Why Bitwise Expects New Bitcoin Highs in 2026—And the End of the 4-Year Cycle
Bitwise predicts Bitcoin will reach new all-time highs in 2026, surpassing its previous peak of $126,080, despite recent price declines and historic four-year cycles suggesting otherwise. The firm argues that traditional cycle drivers—halvings, rate changes, and leveraged booms—are now weaker, while institutional adoption has increased following Bitcoin ETF approvals and improved regulatory clarity. Bitwise expects Bitcoin’s correlation with equities to diminish further amid these trends, and projects Bitcoin will be less volatile than Nvidia. It also forecasts that crypto equities will outperform tech stocks, at least half of Ivy League endowments will invest in crypto, and both Ethereum and Solana will hit new highs if regulatory advances such as the CLARITY Act occur. The firm highlights tokenization and stablecoins as significant drivers for these blockchain platforms.
