Regardless of struggling beneath $90K, Bitcoin may nonetheless surge in 2026, based on a brand new prediction from Dragonfly’s Haseeb Qureshi.
Dragonfly accomplice Haseeb Qureshi has predicted that 2026 will likely be a 12 months of sharp contrasts for the crypto market, with main good points in headline costs alongside shifts beneath the floor.
In an in depth outlook, Qureshi mentioned Bitcoin may climb above $150,000 by the tip of 2026, at the same time as its dominance over the broader crypto market declines.
Bitcoin to $150K or $70K First?
The forecast comes at a time when Bitcoin has struggled to regain momentum. Regardless of a number of makes an attempt, the asset has remained caught beneath the $90,000 stage and has didn’t construct on its all-time excessive of round $126,000 reached in October. In keeping with Qureshi, this uneven efficiency doesn’t rule out a powerful comeback.
As a substitute, he expects BTC’s value to rise considerably whereas capital progressively rotates into different massive networks, which is anticipated to scale back Bitcoin’s share of the overall crypto market. He prompt that this sample would replicate a extra mature market, the place buyers are more and more prepared to allocate funds past BTC as soon as confidence returns.
This bullish outlook stands in sharp distinction with warnings from different analysts who imagine that Bitcoin’s bear market is way from over. Analysts akin to Mr Wall Road and Physician Revenue describe the present atmosphere as a bear market, the place short-term rallies may act as liquidity traps earlier than additional declines. They argue that the crypto asset may nonetheless face a deeper draw back, and a few projections level to a doable drop towards the $64,000-$70,000 vary and a delayed market backside later in 2026.
From Dev Exercise to Massive Tech Wallets
Transferring past Bitcoin, Qureshi mentioned Ethereum and Solana are prone to “overdeliver” in 2026, as they profit from robust developer exercise and their positions as impartial infrastructure layers.
On the identical time, he warned that a number of newer chains, significantly these intently tied to monetary providers and consumer-facing fintech use circumstances, could fail to dwell as much as the joy surrounding them. Whereas these tasks have attracted consideration for specializing in areas akin to funds, stablecoins, and real-world property, Qureshi expects their on-chain exercise metrics, together with day by day energetic customers and transaction flows, to disappoint.
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He mentioned one of the best builders are nonetheless possible to focus on established, open platforms relatively than networks which are extra tightly related to particular corporations or enterprise fashions. In consequence, Ethereum and Solana may very properly proceed to draw expertise and utilization, whereas some newer chains wrestle to transform early curiosity into lasting traction.
Qureshi additionally made a broader prediction about company adoption, whereby he mentioned that 2026 may very well be a turning level for crypto’s relationship with Massive Tech. He expects that at the very least one main know-how firm, akin to Google, Apple, or Meta, will both launch its personal crypto pockets or purchase an current one.
In keeping with Qureshi, such a transfer would primarily point out that crypto wallets have gotten a regular a part of digital monetary infrastructure relatively than a distinct segment product for lovers. He additionally added that extra Fortune 100 corporations are prone to start utilizing blockchain rails as properly, significantly within the banking and fintech sectors. Nonetheless, this adoption is not going to be evenly unfold throughout all networks, and as an alternative will focus round a smaller variety of well-supported blockchain frameworks.
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