Bloomberg Intelligence: bitcoin may fall to $ 50,000 in 2026

Bloomberg Intelligence analysts have suggested that in 2026, the price of bitcoin BTC $85,992.49 Mezo Wrapped BTC -1.13% Market capitalization $41.66 million VOL. 24 hours $1.48 billion could drop to around $ 50,000, down about 60% from its historic high of more than $ 126,000. This estimate was made by Mike McGlone, senior commodity strategist at Bloomberg Intelligence. According to him, the combination of rising gold prices, falling oil prices, and increased stock market volatility may force investors to abandon risky assets, including cryptocurrencies.

on November 21, bitcoin had already dropped to around $ 82,000, its lowest level since April, before recovering to around $ 87,900. Currently, the cryptocurrency is trading around $ 86,400. At the same time, BitMEX co-founder Arthur Hayes predicts a short-term drop to $ 80,000, but believes that this level will be maintained. Among the supportive factors, he cites the expected termination of the quantitative easing program by the US Federal Reserve on December 1 and an increase in bank lending.

According to Citigroup, investors are showing a reduced appetite for risk after the October cryptocurrency crash. The bank predicts a baseline scenario of bitcoin falling to $ 82,000 in early 2026, while the key level for investors in ETFs is $ 80,000. At the same time, positive factors, such as increased capital inflows into exchange-traded funds or a breakthrough in crypto market regulation in the United States, could push the price up to $ 181,000 over the next 12 months.

Matt Hougan, Bitwise’s chief investment officer, believes that bitcoin has probably already bottomed out in the previous pullback, although he does not rule out a new drop of up to $ 70,000. Andre Dragosch, head of research at Bitwise in Europe, notes that the current correction is similar in scale to previous bull markets and expects strong price support in the range of $ 81,000-$ 73,000, the base cost of coins in BlackRock and Strategy ETFs. He adds that global monetary policy easing could be a catalyst for continued bitcoin growth in 2026.

GSR analyst Carlos Guzman identifies three factors of uncertainty: fluctuating expectations of a Fed rate cut, fears of a bubble in the artificial intelligence market, and a general decline in liquidity after the October downturn. According to him, the volatility in the tech market continues to affect cryptocurrencies, which often move in the same direction as the sector’s stocks.