Analysts are generally bullish on Bitcoin in 2026, with multiple institutions predicting Bitcoin to rise to $150,000.

BlockBeats News, December 31st, according to Cointelegraph's report, analysts are generally bullish on Bitcoin in 2026, but compared to the previous optimism, expectations have significantly shifted towards rationality. Standard Chartered Bank, which was bullish in 2024 and early 2025, has recently lowered its 2026 Bitcoin price target from $300,000 to $150,000, citing institutional buying through ETFs being lower than previously expected.

Bernstein analysts predict that Bitcoin will reach $150,000 by the end of 2026 and is expected to rise to $200,000 by the end of 2027. Although a recent pullback has led them to retract their previous prediction of "achieving a high of $200,000 this year," they still insist that Bitcoin is gradually moving away from the historical "four-year cycle" pattern and is heading towards a more resilient long-term growth trajectory.

Strategy CEO 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," a view that contrasts with many crypto analysts. More optimistic views, such as Fundstrat's, believe that Bitcoin has the potential to rise to $200,000–$250,000; while relatively conservative forecasts are generally concentrated in the $110,000–$135,000 range.

However, from a technical perspective, if the historical price trend repeats, Bitcoin may face a deeper retracement, with prices potentially falling to $40,000–$70,000.