Bitcoin (BTC) Looks Weak, But Bitwise Says New Highs Are Coming in 2026
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Bitwise's CIO Matt Hougan predicts Bitcoin may hit new all-time highs by 2026, citing structural shifts in the crypto market. He notes the traditional four-year Bitcoin cycle is weakening, suggesting an upcoming change in market dynamics.
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Bitcoin (BTC) and the broader crypto market are currently struggling amid what many believe is a persistent bear market, but Bitwise’s Chief Investment Officer Matt Hougan expects the asset to reach new all-time highs in 2026 due to several structural shifts in the market.
In his latest outlook, Hougan argued that the long-followed four-year Bitcoin cycle, typically driven by the halving, interest rate shifts, and leverage-fueled booms and busts, is losing its influence, which makes room for a structurally stronger market.
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