K33 Research: Bullish Outlook for 2026, Predicts Bitcoin Will Outperform Stock Indices and Gold

PANews, December 23 – According to K33 Research's "2025 Annual Review" report, 2025 is a year in which the fundamentals and price performance of cryptocurrencies are severely disconnected. Despite the United States establishing a strategic bitcoin reserve, the Trump administration promoting the inclusion of digital assets in 401(k) plans through executive orders, and a regulatory shift brought about by changes in SEC leadership, bitcoin underperformed mainstream assets such as US stocks and gold, as early holders (OGs) took large profits and market structure adjusted, all while volatility hit historic lows.

K33 Research holds a constructive bullish outlook for 2026, predicting that bitcoin will outperform stock indices and gold, believing that the benefits brought by regulatory victories will outweigh the impact of capital allocation. On the macro level, it is expected that Trump will appoint a dovish Federal Reserve Chair, replacing tightening with expansionary policies, and this "abundant" environment will benefit scarce assets such as bitcoin. On the regulatory front, the Clarity Act is expected to pass in Q1 2026, with broader crypto legislation also set to be signed into law early in the year. Institutional adoption will surge: Morgan Stanley plans to allow advisors to allocate 0-4% of client portfolios to bitcoin ETFs starting January 1, 2026, and E*Trade's retail crypto trading is expected to launch in the first half of 2026. In terms of specific data forecasts, ETF net inflows in 2026 are expected to exceed those of 2025; on the corporate finance side, MicroStrategy is predicted not to sell bitcoin (though it may be removed from the MSCI index), and the net corporate treasury absorption across the industry is expected to be 150,000 BTC, a year-on-year decrease of 330,000 BTC. On the supply side, the supply of bitcoin held for more than two years is expected to end its downward trend and rebound to above 12.16 million BTC by year-end, with early selling pressure fading and turning into net buying demand. In addition, with the opening of 401(k) plans, the market will see a huge potential buying force based on different allocation weights ranging from 1% to 5%.