A leading research institution recently released a 26-prediction report on the cryptocurrency market in 2026, with the most eye-catching conclusion being: although short-term fluctuations of Bitcoin are difficult to predict, the probability of reaching a new all-time high next year still exists.

From the perspective of options market pricing, institutional views on Bitcoin's trajectory are quite divided. By the end of June 2026, the probabilities of Bitcoin reaching $70,000 and $130,000 are roughly equal; by the end of the year, the chances of hitting $50,000 and $250,000 are also similar. This reflects the market's real dilemma: both upward and downward movements are possible. However, the research team pointed out that as long as Bitcoin stabilizes within the $100,000-$105,000 range, short-term downside risks can be truly mitigated.

A more aggressive prediction has emerged — this report suggests that Bitcoin could even surge to $250,000 by the end of 2027. The logic supporting this judgment is clear: spot ETFs are expanding Bitcoin's accessibility, and as the world faces uncertainties in fiat currencies, demand for alternative assets is rising.

The report also emphasizes that 2026 will be a turning point for public blockchains to reassess their value capture methods. Application layer revenues may double, with transactions, DeFi, wallets, and various consumer applications continuing to be the main driving engines on the chain. This means that not only Bitcoin should be watched, but the entire ecosystem's revenue structure is also undergoing changes.