Weekend Wall Street is closed, but Bitcoin keeps busy. This morning, BTC rapidly surged to around $93,415, with an intraday increase of 2.18%, marking the highest price in nearly three weeks. Currently, the market focus is on the 92,000 level—once it stabilizes here, the next target is $95,800, and the probability of breaking the $100,000 threshold becomes quite significant.
Mainstream cryptocurrencies are also gaining strength. Ethereum approaches $3,200, Binance Coin reclaims the 9,000 level, and the collective gains of the top ten coins add many highlights to the start of the year.
What’s more notable is the attitude of institutional players. Major investment banks like JPMorgan Chase and Bernstein have become quite aggressive in their Bitcoin forecasts—most institutions expect BTC to reach $150,000 by the end of 2026, with JPMorgan’s target price set at $170,000, and Bernstein directly predicting $200,000. Their logic is consistent: Bitcoin has evolved from a simple trading asset to an institutional-level hedge against inflation and fiat devaluation. This shift in perception is even redefining the impact of Bitcoin’s four-year halving cycle on its price.
The Asia-Pacific markets are also not to be outdone. The Nikkei 225 index rose by 1.41%, South Korea’s KOSPI hit a new all-time high, and Taiwan’s stock market opened with a surge of over 400 points, continuing to strengthen to 29,779 points, just one step away from 30,000. TSMC’s stock price even broke through 1,660 yuan.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
24 Likes
Reward
24
10
Repost
Share
Comment
0/400
MEVHunter_9000
· 20h ago
Whether 92,000 breaks or not is really crucial. Once it stabilizes, it will head straight to 100,000.
View OriginalReply0
LonelyAnchorman
· 20h ago
Can the 92,000 level hold steady and reach 100,000? Let's just wait and see.
View OriginalReply0
TideReceder
· 01-07 00:10
92,000 is really a critical point; breaking through it and heading straight to 100,000 will stabilize things.
View OriginalReply0
GateUser-6bc33122
· 01-06 04:40
It's just institutions accumulating, don't be blinded by this round of gains.
View OriginalReply0
ApeDegen
· 01-05 04:02
93415 just want to dump 90000? I'm just waiting for institutions to buy in so I can dump a bunch.
View OriginalReply0
LucidSleepwalker
· 01-05 03:58
93415 Takeoff directly, this is the rhythm I want to see
The institutions' predictions this time are really hard to hold back, 150,000, 170,000, 200,000... They talk as if it's just a game
Wall Street sleeps while BTC gets excited, it's a bit crazy
92,000 is just the appetizer, the real celebration is still to come
I didn't expect ETH to approach 3200 so quickly, the collective excitement of mainstream coins is just awesome
Is JPMorgan serious about 170,000, or are they just blowing bubbles before cutting the leeks again?
2026 end of year 200,000? Bernstein is crazy or am I crazy?
The Asia-Pacific region is also taking off, Taiwan stocks are almost at 30,000, indicating a global resonance
Institutions are treating BTC as a hedging tool, which means its status has changed
After stabilizing at 92,000, it shouldn't run away from 100,000, I'm just worried this is a false breakout
View OriginalReply0
GasFeeBarbecue
· 01-05 03:57
If we can hold steady at 92,000, we can really aim for 100,000... Institutions are so optimistic about this, retail investors still need to follow along and enjoy some gains.
View OriginalReply0
ChainDetective
· 01-05 03:53
92,000 is a threshold. Once broken, is there really hope to reach 100,000? Feels like I say this every time, haha.
View OriginalReply0
BearMarketSurvivor
· 01-05 03:53
This wave of momentum is indeed impressive. JPMorgan Chase directly set a target price of 170,000, which is really bold.
View OriginalReply0
CascadingDipBuyer
· 01-05 03:35
92,000 sites have stabilized, and bottom-fishing is more rewarding now. Entering now feels a bit painful.
Weekend Wall Street is closed, but Bitcoin keeps busy. This morning, BTC rapidly surged to around $93,415, with an intraday increase of 2.18%, marking the highest price in nearly three weeks. Currently, the market focus is on the 92,000 level—once it stabilizes here, the next target is $95,800, and the probability of breaking the $100,000 threshold becomes quite significant.
Mainstream cryptocurrencies are also gaining strength. Ethereum approaches $3,200, Binance Coin reclaims the 9,000 level, and the collective gains of the top ten coins add many highlights to the start of the year.
What’s more notable is the attitude of institutional players. Major investment banks like JPMorgan Chase and Bernstein have become quite aggressive in their Bitcoin forecasts—most institutions expect BTC to reach $150,000 by the end of 2026, with JPMorgan’s target price set at $170,000, and Bernstein directly predicting $200,000. Their logic is consistent: Bitcoin has evolved from a simple trading asset to an institutional-level hedge against inflation and fiat devaluation. This shift in perception is even redefining the impact of Bitcoin’s four-year halving cycle on its price.
The Asia-Pacific markets are also not to be outdone. The Nikkei 225 index rose by 1.41%, South Korea’s KOSPI hit a new all-time high, and Taiwan’s stock market opened with a surge of over 400 points, continuing to strengthen to 29,779 points, just one step away from 30,000. TSMC’s stock price even broke through 1,660 yuan.