Prediction: Bitcoin Will Hit $100,000 in 2026

Core Viewpoint - Bitcoin is experiencing a decline in popularity, with a current price drop of 11% and trading 39% lower than its record high from October last year [1][2]. Market Sentiment - The recent dip in Bitcoin's value may be influenced by investor concerns regarding Kevin Warsh, President Trump's nominee for Federal Reserve Chair, who has a hawkish stance on monetary policy, leading to market pessimism about future interest rates [2]. - Despite the bearish sentiment, there is a belief that Bitcoin could rise by 29% from its current price of approximately $77,500 to reach $100,000 by the end of 2026 [2]. Bitcoin's Value Proposition - Bitcoin is likened to a digital version of gold, being global, neutral, and more portable, although it is more volatile and has a shorter lifespan [3]. - The cryptocurrency's scarcity, with a hard cap of 21 million units and predictable halving events, is viewed as a compelling feature that supports its value as a store-of-value asset [4]. Market Dynamics - The broader market is not fully embracing Bitcoin's narrative, as evidenced by the rising price of gold amid geopolitical risks and economic uncertainties [5]. - The macroeconomic environment, including an expanding U.S. federal debt and a 10% increase in the M2 money supply of the four largest central banks, is expected to provide liquidity that could benefit Bitcoin and other risk-on assets [6].