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Bitcoin bulls are blinking. 2026 forecasts look soft.
Bitcoin is mired in a slump. That weakness is showing up in tepid 2026 price forecasts. Market sentiment about crypto has changed quickly. On Friday, Bitcoin traded at $88,476, up about 3.5%. But the token has been under pressure for weeks. After hitting an all-time high of more than $126,000 in October, it’s lost roughly 30% of its value. Year to date, it’s down about 9%, according to Dow Jones Markets Data. Wall Street firms, even ones known for bullish attitudes, are cautious about 2026. On Thursday, Citi Research issued a 12-month price target for Bitcoin of $143,000. While that sounds pretty bullish, it’s ... (full story)
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