BitMEX on Bitcoin: $200K in early 2026?
$BTC has lagged behind gold and silver lately, but BitMEX analysts believe that gap won’t last. They say the market is underestimating future liquidity and macro shifts.
In 2025, capital flowed heavily into metals while BTC stayed relatively quiet — creating an unusual valuation gap between Bitcoin and other hard assets.
BitMEX’s view: if the macro narrative flips, Bitcoin could reprice quickly, with a potential target around $200,000 in Q1 2026.
It sounds bold, but when Bitcoin corrects a mispricing, it usually moves fast — not slowly.
