While a decline is expected in the latter months of 2025, there are both growth and decline expectations for 2026.
Finally, cryptocurrency exchange Gemini also listed its forecast for 2026.
Gemini’s Director of Institutional Affairs, Patrick Liu, described this year as a structural turning point for Bitcoin and the cryptocurrency market.
Liu predicted that the four-year halving cycle would disappear as institutional investors enter and macroeconomic factors drive the market.
“2026 will be the year when long-standing traditions such as the Bitcoin cycle, regulations and capital flows are disrupted.”
Liu noted that in previous cycles, Bitcoin has seen declines of 75-90% from its highs, but the recent decline was only around 30%, saying this is proof that Bitcoin and the market have matured.
The Gemini executive predicted that Bitcoin and cryptocurrencies would become a common political point for both parties, especially ahead of the 2026 US midterm elections.
“Republicans have reached out to cryptocurrency voters first, but Democrats are also actively engaging by accelerating market structure legislation. The CLARITY bill, currently under consideration in the Senate, is expected to pass soon with bipartisan consensus.”
Liu also predicts that by 2026, crypto-based prediction markets will create a major transformation, possessing far more effective power to gather real-time information than surveys or forecasts.
Liu said DATs will also return to the market and corporate mergers and acquisitions will become active.
The Gemini executive recently predicted that state-level Bitcoin purchases would also increase. Liu estimated: “At least one country will sell part of its gold reserves to buy Bitcoin. » He said Bitcoin would be an attractive alternative for countries looking to reduce their dependence on the dollar and diversify their reserve assets.
*This does not constitute investment advice.