Giant Asset Management Company Grayscale Counters Bearish Scenario for Bitcoin! Here Are the Details
Grayscale has released a report predicting that Bitcoin could reach new all-time highs in 2026. The company argues against the widely accepted four-year cycle theory in the crypto market, arguing that Bitcoin is not bound by a halving-limited price cycle.
The report stated that concerns that the cryptocurrency has entered a long-term downward cycle are overblown, despite its current volatile trend.
Grayscale analysts emphasized the potential for Bitcoin's price to reach new highs next year, while highlighting the sharp corrections in recent months. Bitcoin, which has lost 32% of its value since October, briefly dropped to $84,000 but later recovered to $86,900.
The firm noted that pullbacks exceeding 25 percent are common in bull markets and should not be seen as the start of a long-term bear market.
Grayscale cited the increasing weight of institutional investors as one of the reasons why Bitcoin has departed from the classic four-year pattern this cycle.
It was stated that, unlike previous periods, this cycle has not seen parabolic rises; institutional funds have largely been concentrated in ETFs and digital asset treasuries. It was also noted that interest rate cuts and bipartisan legal advances in crypto regulations in the US have created a positive macro backdrop for Bitcoin.
Ethereum-focused BitMine CEO Tom Lee also supported Grayscale's views, stating that Bitcoin could see a new all-time high by January 2026.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Chainlink ETF Set to Debut as LINK Slips Amid Market Weakness
Striking baristas win $38.9 million in compensation, yet contract disputes continue
- Starbucks settles NYC Fair Workweek Law violations for $38.9M, including $35.5M restitution to 15,000+ workers. - Striking baristas demand collective bargaining amid ongoing labor disputes and unionization efforts at 550 stores. - Mayor-elect Mamdani and Sen. Sanders join protests, framing demands as moral issues against corporate resistance. - Settlement addresses 500,000 scheduling violations since 2021, with workers receiving $50/week compensation. - Starbucks defends labor law complexity but faces cr
Alphabet's AI-driven ecosystem accelerates flywheel momentum, driving shares up by 68% in 2025
- Alphabet's stock surged 68% in 2025, outperforming peers like Microsoft and Nvidia , driven by strong AI monetization and cloud growth. - Analysts raised price targets to $375-$335, citing Google Cloud's $15.2B Q3 revenue (34% YoY) and $155B cloud backlog growth. - The company's AI ecosystem spans Search, YouTube, and Workspace, generating premium subscriptions and ad yield through Gemini's 650M MAUs. - Projected cloud revenue could exceed estimates by $40B, but risks include regulatory scrutiny and comp
XRP News Today: Vanguard Changes Position on Crypto ETFs, Pointing to Market Maturity and Increased Demand
- Vanguard Group will enable crypto ETF trading on its platform from December 2, 2025, reversing years of opposition to digital assets. - The firm supports Bitcoin , Ethereum , XRP , and Solana ETFs but excludes memecoins, treating crypto as non-core assets like gold . - Market maturation, $25B+ ETF inflows, and regulatory compliance drive the shift, positioning Vanguard as the last major U.S. broker to adopt crypto ETFs. - The move reflects growing institutional confidence in regulated crypto structures a
Trending news
MoreCrypto prices
More
