As reported by Bijiie, a prominent crypto analyst known as Kaleo, who has 728,400 followers on X, believes Bitcoin is following a similar bullish pattern to 2020. He predicts Bitcoin’s price could rise by over 60% in the coming year. Kaleo noted that Bitcoin has lost key support levels, leading to a mini-BART-like correction, but has since found a new base. He argues that the current market environment mirrors 2020, when stocks outperformed crypto, and that Bitcoin is entering a long-term bull run, challenging the four-year cycle theory. According to his analysis, Bitcoin could hit $140,000 by 2026, marking the start of a new supercycle. At the time of writing, Bitcoin traded at $87,943.
Crypto Analyst Predicts 60% Bitcoin Price Rise in 2026, Citing 2020 Pattern
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Summary
Bitcoin price prediction from analyst Kaleo suggests a 60% rise by 2026, citing a 2020 pattern. With 728,400 followers on X, he notes Bitcoin has lost key support but found a new base. He compares the current market to 2020, when stocks outperformed crypto, and forecasts a long-term bull run. Bitcoin price today is $87,943, and Kaleo sees a potential $140,000 target by 2026.
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