Chinese crypto whale Wei Zhao has forecasted that Bitcoin could surge to $500,000 by the end of 2026, driven by the global acceleration of AI adoption. Zhao highlights that AI systems being developed by major tech companies could significantly boost demand for Bitcoin, as AI agents may soon conduct transactions autonomously, bypassing traditional payment networks. This shift could position crypto wallets as the default payment method for automated software.
Recent developments support Zhao's prediction, with Coinbase launching AI-specific wallets and Circle enabling nano-payments for machine transactions. These innovations could facilitate billions of automated transactions, increasing demand for Bitcoin and stablecoins. Zhao suggests that if AI-driven activity expands rapidly, institutional investors might aggressively purchase Bitcoin, potentially driving its price to $500,000. Currently, Bitcoin trades near $71,000, but Zhao believes historical cycle patterns indicate a potential massive rally.
Chinese Crypto Whale Wei Zhao Predicts Bitcoin Could Hit $500K in 2026
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