Bitcoin price forecast for 2026 shows significant divergence: the bullish camp believes that institutional demand expansion and clearer regulations will drive prices to new all-time highs. The JPMorgan model predicts a theoretical peak of $170,000, while institutions like Standard Chartered and Bernstein have lowered their targets to $150,000. Ripple CEO is more aggressive, predicting prices could reach $180,000-$200,000; cautious views emphasize technical correction risks, with Fidelity noting that if following the four-year cycle, prices could dip to $65,000-$70,000, and CryptoQuant forecasts a mid-term drop to $56,000; extreme bearish outlooks, such as Bloomberg analyst Mike McGlone, warn of a potential crash to $10,000. Market consensus holds that ETF capital inflows, macroeconomic policies, and on-chain supply and demand changes will be key variables, with actual trends likely ranging between $70,000 and $250,000.