Grayscale Predicts Bitcoin to Reach New All-Time Highs, Challenging Bearish Market Forecasts

A major asset management firm, Grayscale Investments, has released a report suggesting that Bitcoin may reach new all-time highs by 2026. The company challenges the widely accepted four-year cycle theory in crypto markets, stating that Bitcoin’s price is not bound by halving cycles. They argue that concerns about a long-term downward trend for Bitcoin are unfounded despite the current market volatility.