Jacob Bory, an analyst and expert in cryptocurrencies, is one of the known voices in this field. In his analysis for 2026, Bory predicts that the price of Bitcoin will reach $65,000.

Bory's predictions are based on several key factors, the most important of which are:

  1. Halving Cycle:

    • Bory believes that the major recovery phase in the Bitcoin market, which usually begins after a halving cycle, will have stabilized by 2026.

    • Prices are expected to see significant increases during 2024 and 2025 (after the halving), but 2026 may represent a period of decline or correction after reaching new All-Time Highs.

    • The price of $65,000 indicates a potential strong support level after profit-taking from the peaks of the bull market.

  2. Macro Factors:

    • The forecast indicates continued macroeconomic pressures, or at least a lack of complete stability, preventing prices from continuing the crazy rise after the peak of the cycle.

    • These pressures may include ongoing concerns about global inflation or shifts in monetary policies of central banks (such as the Federal Reserve).

  3. Adoption of Spot ETFs:

    • Although the launch of spot Bitcoin ETFs has significantly increased institutional demand in recent years, Bory believes that the impact of cash flows may slow down by 2026, leading to price stability around the level of $65,000.

Summary of the forecast:

Jacob Bory sees the price of $65,000 for 2026 as an attractive and sustainable price, representing a new equilibrium point for Bitcoin after the momentum of the peak immediately following the halving subsides. This level reflects strong market capitalization considering the expected corrections and profit-taking at the end of the bull cycle.