Analyst: Bitcoin is expected to rise to $225,000 by the end of 2026, an increase of 136% over the next two years
On November 29, Mark Palmer, a senior analyst at The Benchmark Company, an investment bank based in New York, stated that the rebound of Bitcoin is far from over. He believes that the price of this cryptocurrency will more than double in the next few years and predicts that by the end of 2026, the price of Bitcoin will soar to $22.5 million. This means a rise of 136% from its current level; as of press time, this cryptocurrency was trading at approximately $96,000.
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