Galaxy Research recently released a major forecast for the crypto market in 2026, providing 26 predictions all at once. Although market fluctuations in the second half of the year have indeed been significant, their conclusion is quite interesting—they believe these fluctuations are actually paving the way for institutional investors.

The core point can be summarized in one sentence: Bitcoin will reach new highs again in 2026. What is the logic behind this assertion? They believe that despite short-term adjustment pressures, the underlying infrastructure has been steadily strengthening from an institutional adoption perspective. More and more traditional funds are entering the market, which are all long-term positive signals.

The most explosive prediction is the price target for the next year—directly pointing to $250,000. How did they arrive at this figure? The report does not simply give a straightforward reason but is based on multiple analytical frameworks. From Bitcoin’s historical cycles, macro fund flows, and institutional allocation needs, they extrapolate this target price.

Honestly, such predictions will surely be met with both belief and skepticism. But what is clear is that even as the market repeatedly tests lows, research institutions’ long-term logic for crypto assets remains unchanged. Institutions are still continuously entering the market, which is itself worth paying attention to. Of course, whether this target can actually be reached depends on the overall macro environment and policy changes in 2026.