Grayscale predicts Bitcoin to hit new all-time high in H1 2026

Grayscale has projected that Bitcoin is likely to reach a new all-time high in the first half of 2026. The asset manager noted that the market is entering a structural transition, driven by growing macroeconomic demand for alternative stores of value and increasing regulatory clarity for cryptocurrencies. This shift is expected to lead to a full-scale influx of institutional and advisory-based investors and deeper integration of public blockchains into traditional financial infrastructure. Grayscale also suggested these changes could weaken the crypto market's traditional four-year cycle. Additionally, the firm forecasts that a bipartisan crypto market structure bill will pass in the U.S. in 2026, expanding the environment for tokenized securities and on-chain issuance.