A Bitcoin trader has predicted that Bitcoin prices could exceed $180,000 by 2026, supported by positive on-chain metrics and adoption trends. Analyst Ibrahim Cosar forecasts a price range of $150,000 to $200,000, emphasizing institutional demand and market dynamics as critical to this growth. Other figures in the crypto space also share bullish projections for Bitcoin’s future value.

A Bitcoin trader has projected that the cryptocurrency’s price could exceed $180,000 by 2026, despite recent market fluctuations. Bitcoin’s price has dropped approximately 22% from its peak, attributed to trade tensions and global tariffs. Nevertheless, on-chain metrics and the general trajectory of Bitcoin adoption remain optimistic, suggesting potential growth beyond the $150,000 level.

Ibrahim Cosar, a CryptoQuant analyst, expressed confidence in Bitcoin’s price trajectory on March 10. He anticipates that Bitcoin will surpass $150,000 in the next bull market, with a specific forecast range of $150,000 to $200,000. This forecast aligns with previous bullish analyses that indicated ongoing demand as a key factor steering future growth.

“I expect Bitcoin to reach the $150K-$200K range in this upcoming bull cycle, and my ATH (All-Time High) price prediction is $180K,” stated Cosar. He noted that traditional banks are beginning to offer similar predictions, which he believes corroborates his earlier forecasts. Currently, this price prediction implies over 100% potential gains for Bitcoin.

Furthermore, Cosar anticipates that Bitcoin will achieve a new all-time high above $180,000 by 2026, especially after large traders, or whales, capitalized on lower prices recently marked at $80,000. Institutional demand plays a crucial role in driving Bitcoin’s price, and substantial adoption across various markets is necessary for triggering this peak in the upcoming bull run.

Many crypto experts have echoed similar bullish sentiments this year. Cathie Wood, CEO of ArkInvest, maintains her prediction of Bitcoin reaching $1.5 million by 2030, attributing it to growing asset demand. Standard Chartered has also projected a price of $500,000 during the second term of President Trump.

Despite these long-term forecasts, most short-term predictions remain above the $150,000 threshold. The United States is poised to lead significant global adoption efforts, with various pro-cryptocurrency initiatives, including the introduction of a Strategic Bitcoin Reserve, acting as catalysts for market development.

In conclusion, the outlook for Bitcoin remains positive, with projections indicating a potential rise above $180,000 by 2026. Analysts such as Ibrahim Cosar highlight ongoing market demand, asserting that both institutional interest and the advent of new crypto adoption strategies are vital for achieving these targets. Predictions from other prominent figures further support the bullish trend, suggesting optimism within the crypto community amid current market corrections.

Original Source: zycrypto.com

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