#2026年BTC价格展望 Regarding the 2026 Bitcoin trend, the market's opinions are quite diverse—ranging from a pessimistic $60,000 to an aggressive $250,000, with the wide prediction gap reflecting differing perceptions of the post-cycle trajectory.

**What Major Financial Institutions Think**

Standard Chartered's Geoffrey Kendrick targets $150,000, emphasizing that future growth will mainly be driven by ETF inflows, as corporate treasury purchases have cooled down. Citigroup is more aggressive, with a baseline target of $143,000 and an optimistic scenario of $189,000, reasoning that after the passage of digital asset legislation, spot BTC ETFs could see an additional $15 billion in net inflows. JPMorgan sets a target between $150,000 and $170,000, believing that the solid bottom at $94,000 will support a market reactivation through ETF growth. Bernstein directly forecasts $200,000 by the end of the year, while Grayscale suggests new highs could be reached in the first half of the year, claiming this is the "beginning of the institutional era."

**Different Opinions from Professional Crypto Institutions**

Bitwise believes 2026 will break the $126,000 record because the traditional four-year cycle has become invalid, and ETF liquidity will be the key driver. Galaxy Digital offers the most aggressive prediction at $250,000 but also honestly states that 2026 is too chaotic, and targeting the end of 2027 is more realistic. Fundstrat's two analysts have starkly different views—Tom Lee sees $150,000-$250,000 in the long term, citing supply shocks and liquidity expansion; Sean Farrell warns of risks between $60,000 and $65,000 that could occur in the first half of the year. Fidelity provides a range of $65,000-$75,000, essentially thinking 2026 will be dull, as the four-year cycle has already run its course.

**Extreme Predictions from Well-Known Figures**

Jan3 CEO Samson Mow claims $1,000,000 by the end of 2026, citing Bitcoin's scarcity and national-level adoption. Robert Kiyosaki, author of "Rich Dad Poor Dad," sees $175,000-$350,000, positioning Bitcoin as a hedge against fiat currency devaluation. veteran trader Peter Brandt is skeptical—if the parabola is broken, Bitcoin could plummet to $25,000.

This phenomenon of predictions spanning from five figures to six figures fundamentally reflects significant disagreements in market understanding of key variables such as ETF inflows, policy stance, and macro liquidity.