Gemini has released five market predictions for 2026, suggesting Bitcoin could experience a negative return, potentially disrupting its traditional four-year cycle. Patrick Liou from Gemini highlighted significant structural changes, including increased institutional investment and heightened political support for Bitcoin. The report also speculates that a sovereign nation might exchange its gold reserves for Bitcoin, attracted by the cryptocurrency's rapid transfer capabilities and transparency. Additionally, U.S. political engagement with crypto is expected to intensify ahead of the midterm elections, with both major parties seeking to bolster their crypto credentials. The report anticipates consolidation in the crypto custody sector through mergers and acquisitions.