Bitcoin's price may reach a peak in mid-2026, driven by an extended bull cycle and institutional adoption, according to analysts. The price movement is reportedly following the ISM Manufacturing PMI, with the BTC/USD pair needing to stay above the 100-weekly SMA to maintain bullish momentum. This correlation, initially identified by Raoul Pal and Julien Bittel, is gaining traction among crypto analysts.
The Kansas Fed Manufacturing Index also supports a bullish outlook, suggesting the cycle could extend to five years. Key drivers include institutional strategies like Michael Saylor's and an increasing global money supply. Additionally, the Federal Reserve's anticipated quantitative easing is expected to further bolster Bitcoin's upward trend.
Bitcoin Price Could Peak in Mid-2026 Amid Bullish Cycle
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