Several prominent market participants expect Bitcoin to return to its all-time highs in 2026. Analysts cite regulatory developments in the US and further integration of Wall Street products and infrastructure into blockchain as key reasons. However, opinions on the price level vary: some forecasts specify exact targets, while others suggest a broader range of possible values.
Analyst Forecasts for 2026
Bill Miller IV stated that the technical picture is "starting to take shape" and he expects Bitcoin to break through its previous autumn peak, thus setting a new record. He referenced remarks by SEC Chair Paul Atkins about moving capital markets onchain and noted that major market players continue building onchain infrastructure.
According to CoinGecko, Bitcoin is currently trading at $93,750 — 25.6% below its all-time high of $126,080, yet it has gained 7.1% since the start of 2026. These figures reflect the current market state and serve as a benchmark when comparing different analyst forecasts; similar expectations of a new peak have been discussed in other articles, such as on the new high.
Factors Influencing Bitcoin's Growth
- Regulatory support and statements from officials suggesting a shift of parts of capital markets onchain.
- Development of Wall Street products and infrastructure, including efforts by major banks and institutional players on onchain solutions.
- The market's technical picture and supply/demand behavior following previous shocks and pullbacks.
Expert Opinions on Bitcoin's Future Price
Haseeb Qureshi from Dragonfly predicts Bitcoin will exceed $150,000 by the end of 2026, representing one of the more optimistic market estimates. Conversely, Galaxy Digital refrained from giving a precise forecast, stating that 2026 could be "too chaotic," and provided a range from $50,000 to $250,000.
Beyond individual forecasts, analysts highlight the role of institutional investors and products such as crypto ETFs and other instruments that affect capital inflows and liquidity; more details on institutional inflows can be found in the article about Crypto ETFs 2026. Discussions also include opinions from other well-known market participants, like Mike Novogratz's view, helping to form a more complete picture of investor sentiment.
Regulatory and Market Factors
Articles covering forecasts emphasize the impact of regulatory signals from the US and actions by major financial firms. Specific mentions include statements from SEC representatives and examples of banks working on onchain projects, which analysts consider positive for the crypto ecosystem.
At the same time, experts warn about volatility: even with positive drivers, prices may fluctuate significantly, and varying forecast estimates reflect this uncertainty. Galaxy Digital explicitly notes the wide range of possible values due to the expected "chaotic" nature of the year.
Why This Matters
For miners in Russia, the influence of these forecasts is primarily indirect: expectations of price growth or ranges affect Bitcoin's market price, which impacts mining profitability in fiat terms. Regulatory and institutional drivers are more important for overall liquidity and demand than for immediate changes in the local mining network.
If the price rises, it could improve miner revenue all else equal; however, volatility remains a risk factor, especially for those aiming for short payback periods. Conversely, the wide spread in forecasts indicates no definitive scenario and suggests considering multiple possible outcomes.
What to Do?
- Monitor fundamental mining economics: electricity costs, hashrate, and equipment efficiency to understand profitability thresholds at different BTC prices.
- Maintain contingency plans: strategies for significant price drops and separate plans for price increases to manage coin sales and reinvestments.
- Optimize operational expenses and keep infrastructure updated, as cost reductions enhance resilience amid market fluctuations.
These steps can help reduce dependence on short-term price swings and better prepare for any scenario outlined by analysts in reviews and forecasts.