According to Mark Palmer, a Senior Research Analyst at The Benchmark Company, the Bitcoin price could reach $225,000 by the end of 2026. Palmer's bullish forecast is driven by factors such as historical price patterns, Bitcoin's halving cycles, and increasing institutional adoption. He cites the recent post-election rally in Bitcoin as a result of the crypto-friendly stance of the incoming U.S. administration. Palmer believes that Bitcoin's halving cycles, which occur every four years, will contribute to significant price increases, as seen in previous halvings. He also notes the growing institutional interest in Bitcoin and compares it to the adoption of gold ETFs in the early 2000s. Palmer sees Bitcoin as an uncorrelated asset with significant upside potential and suggests that adding it to portfolios makes sense. He believes that his $225,000 prediction may even be conservative, depending on the level of institutional involvement in Bitcoin.



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