Grayscale’s Bitcoin price prediction: Will BTC hit a new ATH in 2026?
The post Grayscale’s Bitcoin price prediction: Will BTC hit a new ATH in 2026? appeared on BitcoinEthereumNews.com.
Despite broader caution that 2026 may usher in a bear market, Grayscale has made a contrarian bet – a new all-time high (ATH) for Bitcoin [BTC]. In its 2026 outlook, the asset manager projected that rising demand for safe havens, also known as the debasement trade, alongside regulatory clarity, will drive BTC higher. “We expect rising valuations in 2026 and the end of the so-called ‘four-year cycle.’ Bitcoin’s price will likely reach a new all-time high in the first half of the year, in our view.” Source: Grayscale According to Grayscale, the U.S. debt problem will persist, devalue dollar investments, and force players to seek scarce ‘alternative stores of value’ such as gold, silver, BTC, or ETH. The firm added, “As long as the risk of fiat currency debasement keeps rising, portfolio demand for Bitcoin and Ether will likely continue rising as well.” Grayscale downplays DAT sell-off On digital asset treasuries (DATs) sell-offs as a potential negative trigger for a bear market, the firm downplayed such a scenario. The MSCI index exclusion review, ahead of the mid-January deadline, has unnerved many investors. Currently, many market participants worry that Strategy might dump its BTC holdings, which could trigger a market crash. This concern stems from the possibility that MSCI could remove Strategy, along with other DATs, from its index. If that happens amid already compressed mNAVs, the relative value of their crypto holdings compared to enterprise assets, the pressure on the market could intensify. Source: Grayscale However, Grayscale stated that most DATs aren’t excessively leveraged to trigger liquidations and sell-offs. It added, “These vehicles are likely to be a permanent feature of the crypto investing landscape but are unlikely to be a major source of new demand for tokens or a major source of selling pressure in 2026.” Interestingly, Bitwise echoed…
Filed under: News - @ December 16, 2025 10:26 am