Charles Schwab has recommended that aggressive investment portfolios allocate up to 7% to Bitcoin, marking a significant shift in the firm's stance on cryptocurrency. This recommendation coincides with Polymarket's Bitcoin contract price reaching a new all-time high for December 31, 2026. Schwab, which manages over $12 trillion in assets, has also launched a "Schwab Crypto" account, allowing users to purchase Bitcoin directly. This move reflects a changing market perception of Bitcoin, with Schwab's endorsement potentially increasing institutional support for holding Bitcoin. The recommendation comes as Bitcoin's price prediction for April 2026 influences market dynamics, providing both retail and institutional investors with a reason to buy or hold rather than sell. The contract expiring on December 31, 2026, is trading at 17.5% Yes, with moderate trading volumes. Schwab's entry into direct Bitcoin allocation could lead to substantial buying pressure if other major asset managers follow suit.