Grayscale predicts that Bitcoin will hit a new high in 2026, the four-year cycle may end

According to Deep Tide TechFlow, on December 16, Grayscale Investment Company released the report (2026 Digital Asset Outlook: The Dawn of the Institutional Era), predicting that Bitcoin will reach a historic high in the first half of 2026, possibly ending the four-year cycle theory. The report points out that the macroeconomic demand for alternative value storage and the improvement of the regulatory environment will drive the digital asset market. The research team expects that the United States will pass bipartisan legislation on cryptocurrency market structure in 2026, deepening the integration of blockchain and traditional finance. Grayscale lists the top ten crypto investment themes for 2026, including the growth of currency alternative demand, increased regulatory clarity, stablecoin expansion, and asset tokenization.