Analysts outline Bitcoin price scenarios toward 2026, with targets from $25,000 to $500,000

Bitcoin is trading around $90,000 near year-end, with the latest price at $87,815 and a year-to-date decline of over 6%. Major institutions and analysts have issued diverging outlooks through 2026, with projections ranging from a possible downside to $25,000 to long-term targets as high as $500,000. These scenarios reflect differing views on Bitcoin’s role versus gold, regulatory conditions, ETF inflows, and potential boom-and-bust cycle dynamics.