As per Forklog, Mike McGlone, senior commodities strategist at Bloomberg Intelligence, expects Bitcoin to fall to around $50,000 in 2026, down 60% from its historical high above $126,000. He cited a potential third consecutive year of S&P 500 declines and a shift in investor sentiment toward safer assets like gold and away from volatile crypto. Bitcoin recently dropped to $82,000 in early November before rebounding to $87,900. Citigroup also noted a sharp drop in risk appetite among investors following the October crypto crash, with a bearish forecast of $82,000 for early 2026. Analysts from BitMEX, Bitwise, and GSR highlighted factors including Fed policy, AI market volatility, and liquidity concerns as key pressures on the market.
Bloomberg Analyst Predicts Bitcoin at $50,000 by 2026
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