Despite ongoing signals of near-term selling pressure on its price, Franklin Templeton, which manages $1.68 trillion in assets, has made a bold bullish prediction for 2026.
Christopher Jensen, Head of Digital Assets Research at Franklin Templeton Digital Assets (FTDA), stated that the company’s baseline expectation is for Bitcoin’s price to return above $100,000 by 2026. In an interview, he explained... Milk Road On Thursday, April 30, Jensen outlined a path for the flagship asset to reclaim its 200-day moving average (MA) and then rebound above $100,000.
He also added that Franklin Templeton is not among those predicting that Bitcoin will reach $1 million within 12 months. Therefore, Jensen emphasized that after Bitcoin breaks above $100,000, its price movement may exhibit high volatility and sideways consolidation.
Everything comes with a certain degree of probability. But if we’re talking about the baseline scenario, I think we’ve returned above $100,000, which is a key threshold,” Jensen said.Statement
Meanwhile, a representative of the asset management company stated that Bitcoin and the broader cryptocurrency market remain deeply entrenched in a macro bear market. Additionally, since Bitcoin’s price reached a historical high of approximately $126,198 seven months ago, it has been forming lower lows and lower highs.
Why does Franklin Templeton believe in Bitcoin's growth potential in 2026?
Despite recent bearish market sentiment, Franklin Templeton has reaffirmed its bullish stance on Bitcoin by 2026, citing several factors. For instance, Jensen noted that Bitcoin has been undergoing a healthy correction due to deleveraging, a process that accelerated during the cryptocurrency crash on October 11, 2025.
In addition, the company is optimistic about BTC due to confirmed institutional demand, particularly in the United States, driven by clear regulatory policies. Clarification Act A U.S. federal regulatory proposal aimed at legalizing crypto assets is still expected to pass by the end of this year, potentially triggering a shift of funds from gold and stock markets into Bitcoin, accelerating its upward trend, as reported by Finbold. Highlighted