Bitget App
Trade smarter
Open
HomepageSign up
Bitget>
News>
Grayscale Signals Bitcoin Could Hit New Highs in 2026 Despite Recent Dip

Grayscale Signals Bitcoin Could Hit New Highs in 2026 Despite Recent Dip

Cointribune2025/12/14 18:51
By: Cointribune
BTC+1.31%RSR+2.34%
Summarize this article with:
ChatGPT Perplexity Grok

Bitcoin has fallen sharply from its early-October peak, prompting unease among traders and investors. This decline has fueled fears of a prolonged, multi-year downturn in the cryptocurrency market expected in 2026. Some analysts and market participants have speculated that the combination of a slowing rally and broader macroeconomic uncertainties could put pressure on digital assets. However, a new report from Grayscale Research counters this narrative, suggesting Bitcoin may reach new all-time highs next year, offering a more optimistic outlook for the market.

Grayscale Signals Bitcoin Could Hit New Highs in 2026 Despite Recent Dip image 0 Grayscale Signals Bitcoin Could Hit New Highs in 2026 Despite Recent Dip image 1

In brief

  • Grayscale Research suggests Bitcoin could reach new all-time highs based on a new market dynamic that differs from previous four-year cycles.
  • Similarly, Tom Lee of Fundstrat projects Bitcoin could hit a new all-time high by the end of January.

Rethinking the Four-Year Cycle

Grayscale ’s research casts doubt on the widely held belief that Bitcoin strictly follows a four-year cycle linked to halving events, in which the supply of Bitcoin changes every four years. Historically, these cycles were associated with years of price gains followed by sharp corrections. Analysts at Grayscale argue that the current cycle is distinct. Unlike previous runs, Bitcoin has not experienced a steep, parabolic surge that typically signals overheating, suggesting a different market dynamic at play.

The firm also observes a significant shift in investment patterns . Traditional retail platforms are now being overtaken, with most new Bitcoin capital moving through corporate treasuries and exchange-traded products. This structural change, combined with supportive macroeconomic conditions such as potential interest rate cuts and bipartisan backing for cryptocurrency legislation in the U.S., is reinforcing positive sentiment. Grayscale emphasizes that while short-term fluctuations remain, the most substantial gains are likely to come from long-term holding rather than short-term trading strategies.

Although the outlook is uncertain, we believe the four-year cycle thesis will prove to be incorrect, and that Bitcoin’s price will potentially make new highs next year

Bitcoin’s Near-Term Trends

Tom Lee, CEO of Fundstrat, echoes this bullish view , projecting that Bitcoin could reach a new all-time high by the end of January. He points out that the recovery of equity markets and a potentially more dovish Federal Reserve could restore investor confidence, benefiting both Bitcoin and the broader cryptocurrency market. Lee notes that shifts in Fed policy and overall market sentiment act as key drivers, influencing the potential for further gains.

In the near term, analyst Ted Pillow highlights that Bitcoin’s Open Interest (OI) is undergoing a reset. Following the October 10th crash, Bitcoin’s open interest rose sharply, but it has since fallen as market participants have been winding down their positions. Pillow explains that until OI fully stabilizes, BTC is unlikely to demonstrate a clear directional move, as heightened volatility on both sides continues to shape short-term market behavior.

Despite the recent price dip and market uncertainties, the combined perspectives of Grayscale, Tom Lee, and Ted Pillow suggest that Bitcoin’s long-term outlook remains favorable. The market may experience short-term fluctuations, but underlying factors point to potential gains for those holding Bitcoin over the coming years.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Why Bitcoin Price is Going Down Today?
Coinpedia2025/12/15 02:27

Trending news

More
1
Analyst Reveals Whether XRP Price Could Ever Fall Back to $1
2
Why Bitcoin Price is Going Down Today?

Crypto prices

More
Bitcoin
Bitcoin
BTC
$89,653.41
-0.72%
Ethereum
Ethereum
ETH
$3,130.98
+0.38%
Tether USDt
Tether USDt
USDT
$1
-0.02%
BNB
BNB
BNB
$891.84
-0.39%
XRP
XRP
XRP
$2.01
-1.04%
USDC
USDC
USDC
$0.9999
+0.00%
Solana
Solana
SOL
$132.74
-0.48%
TRON
TRON
TRX
$0.2806
+2.62%
Dogecoin
Dogecoin
DOGE
$0.1377
-1.02%
Cardano
Cardano
ADA
$0.4053
-1.32%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now
Trade smarter