Bitwise Asset Management predicts Bitcoin could reach $95,000 by the end of 2026, driven by significant institutional investment. Ryan Rasmussen, Head of Research at Bitwise, highlighted the growing institutional adoption as a key factor, with many investors beginning to allocate larger portions of their portfolios to Bitcoin. This shift is expected to accelerate in the latter half of the year, particularly through ETFs, contributing to a potential 40% price increase from current levels.
Rasmussen noted that while retail investors are reducing their positions, institutional investors are stepping in, supported by clearer regulatory environments. This transition is seen as a positive development for the crypto market, as institutions bring a long-term, systematic approach. Despite current geopolitical and macroeconomic uncertainties, Bitwise remains optimistic about Bitcoin's long-term prospects, likening its portfolio benefits to those of traditional commodities like gold and oil.
Bitwise Forecasts Bitcoin to Hit $95,000 by Year-End Amid Institutional Inflows
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