Crypto investment firm Bitwise forecasts that Bitcoin will reach a new all-time high in 2026, potentially marking the end of its traditional four-year price cycle. Bitcoin, the world’s largest and most recognized cryptocurrency, typically undergoes a halving event every four years, which significantly impacts its supply, profitability, and price. Bitwise’s prediction is based on the growing acceptance of Bitcoin and evolving investment trends. After each halving, Bitcoin’s production is halved, limiting supply and generally driving prices upward. While this pattern has been evident in previous cycles, Bitwise believes that by 2026, this four-year cycle may lose its significance as the Bitcoin market matures and stabilizes. The end of this cycle could mean reduced price volatility, positioning Bitcoin as a more consistent and long-term investment option. Additionally, Bitwise analysts highlight Bitcoin’s increasing popularity, expanding role in the global financial system, and broader acceptance of digital assets as factors that could propel the cryptocurrency to new heights. Despite the potential price increase, investors are advised to remain cautious of market uncertainties and risks inherent in the rapidly changing crypto landscape. Nonetheless, Bitwise’s outlook suggests that Bitcoin could offer a significant and stable investment opportunity in the future.
Source: decrypt
