Bitcoin's price trajectory for 2026 is a subject of intense debate among analysts, with predictions ranging from a bullish surge to $210,000 to a bearish drop to $32,000. The cryptocurrency began the year with a rally, reaching over $90,000, sparking optimism among bulls. Analysts like KAY and Crypto GEMS foresee a breakout above $94,000, potentially leading to new all-time highs. The recent withdrawal of 20,000 BTC from exchanges, valued at $1.8 billion, supports the bullish outlook by reducing selling pressure. Conversely, some analysts predict a challenging year for Bitcoin. Critics like CryptoBullet dismiss the possibility of a new peak, citing the potential invalidity of Bitcoin's historical four-year cycle. If the cycle holds, a significant price drop could occur soon, with predictions of a fall to $32,000 in January. Meanwhile, Crypto Caeser suggests Bitcoin may trade between $80,687 and $98,880 for an extended period.