Regardless of struggling beneath $90K, Bitcoin might nonetheless surge in 2026, in response to a brand new prediction from Dragonfly’s Haseeb Qureshi.
Dragonfly companion Haseeb Qureshi has predicted that 2026 shall 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 stated Bitcoin might climb above $150,000 by the tip of 2026, whilst 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 did not construct on its all-time excessive of round $126,000 reached in October. Based on Qureshi, this uneven efficiency doesn’t rule out a robust comeback.
As a substitute, he expects BTC’s value to rise considerably whereas capital regularly rotates into different massive networks, which is predicted to scale back Bitcoin’s share of the full crypto market. He instructed that this sample would replicate a extra mature market, the place traders 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 consider that Bitcoin’s bear market is much from over. Analysts comparable to Mr Wall Avenue and Physician Revenue describe the present setting as a bear market, the place short-term rallies might act as liquidity traps earlier than additional declines. They argue that the crypto asset might nonetheless face a deeper draw back, and a few projections level to a potential drop in the direction of the $64,000-$70,000 vary and a delayed market backside later in 2026.
From Dev Exercise to Large Tech Wallets
Shifting past Bitcoin, Qureshi stated Ethereum and Solana are more likely to “overdeliver” in 2026, as they profit from sturdy developer exercise and their positions as impartial infrastructure layers.
On the identical time, he warned that a number of newer chains, notably these intently tied to monetary companies and consumer-facing fintech use instances, could fail to reside as much as the thrill surrounding them. Whereas these tasks have attracted consideration for specializing in areas comparable 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 stated one of the best builders are nonetheless possible to focus on established, open platforms somewhat than networks which are extra tightly related to particular corporations or enterprise fashions. Consequently, Ethereum and Solana might 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, by which he stated that 2026 may very well be a turning level for crypto’s relationship with Large Tech. He expects that at the least one main know-how firm, comparable to Google, Apple, or Meta, will both launch its personal crypto pockets or purchase an current one.
Based on Qureshi, such a transfer would primarily point out that crypto wallets have gotten a normal a part of digital monetary infrastructure somewhat than a distinct segment product for fanatics. He additionally added that extra Fortune 100 corporations are more likely to begin utilizing blockchain rails as properly, notably within the banking and fintech sectors. Nonetheless, this adoption won’t be evenly unfold throughout all networks, and as a substitute will focus round a smaller variety of well-supported blockchain frameworks.
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