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Bitcoin tops $90,000 as analysts forecast new highs for 2026
Bitcoin reclaimed the $90,000 level on Monday after trading below that threshold for much of the past six weeks, sparking renewed debate about its 2026 trajectory. The cryptocurrency traded at $90,018.02 with a 2.8% gain, according to CoinGecko data from December 29.
Investor Mike Alfred placed a high-stakes bet on Christmas Day, pledging to sell his entire Bitcoin portfolio and delete his X account if the asset doesn't reach $1 million by December 31, 2033. "You only live once, and I think it's important to take a stand, believe in something, and put your money where your mouth is," Alfred wrote.
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Alfred's near-term forecast suggests Bitcoin could surge to $126,000 if it decisively breaks above $90,000 resistance. He previously predicted prices between $150,000 and $200,000 earlier this year, describing Bitcoin as "the most de-risked large-scale asset in history."
Swan Bitcoin CEO Cory Klippsten gives Bitcoin more than a 50% chance of reaching a new all-time high in 2026, with a target above $125,000. His forecast represents a potential 40% return over the next 12 months from current levels around $90,000.
Prediction markets on Polymarket show traders assigning Bitcoin approximately 41% probability of outperforming both gold and the S&P 500 in 2026. Gold receives about 32% odds while the S&P 500 trails at approximately 26%, according to market data from December 29.
